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We've learned about the history of the school of the americas, the history of the modern day war on drugs, the "Black Grandma in the closet," and a more through accouting of Native American history. Compare this history you learned in your school (you can assume your schhol for this answer). What interested you most about the histories we've learned so far.
Are monopolies and oligopolies always bad for society? Provide real world examples of where this may be the case to strengthen your position. Provide at least one example of a case where having a monopoly or oligopoly may actually benefit the society..
Is the product considered elastic, inelastic or unitary elastic. In a few sentences Illustrate what effect does the present supply also present Demand have on this product.
A brief description of the historical context in which the Washington agreement arose. The aim of the Washington agreement with regard to government intervention in the economy.
Write down a formula that describes the marginal product of labor in the short run as a function of the amount of labor used.
Consider the following statement. "Winter ice storms that sometimes hit Chicago are good for the economy. They create many jobs to remove downed limbs and replace trees and bushes." Do you agree that ice storms are a net benefit to the economy? To an..
Suppose that Michelle buys a cappuccino from Paul\'s Cafe and Bakery for $6.25. Michelle was willing to pay up to $8.75 for the cappuccino and Paul\'s Cafe and Bakery was willing to accept $2.25 for the cappuccino. Producer surplus is the difference ..
Classify this production function by returns to scale. Comput the firms long-run cost function.
Write down on a paper analyzing dissimilar approaches that might be used by Keynesian theorists.
At the current price level, would it be viable for the firm to increase the price level of its brand of coffee. Support your answer.
The inverse market demand for fax paper is given by P=400-2Q. There are two firms who produce fax paper. Each firm has a unit cost of production equal to 40, and they compete in the market in quantities. Show how to derive the Cournot-Nash equilibriu..
Woody's utility function is U(C, R)= C- (12-R)^2, where C is his consumption and R is the amount of leisure he has per day. He has 16 hours a day to divide between work and leisure. He has an income of 20$ a day from non-labour sources. If Woody can ..
Present one argument for and one argument against the continuation of state regulation of insurance as well as one argument for and one argument against federal regulation of insurance. How does the Appleton Rule factor in your arguments?
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