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The largest consumer of goods is the government. Many firms pass over this market due to red tape and other issues. Describe the situation. What might help? Please respond to this Discussion Topic
In a waiting line model situation, arrivals occur around clock at a rate of six per day and service occurs at one very three hours. Assume Poisson and exponential distributions. Illustrate what is Mean Arrival Rate λ
Prepare a two page paper using APA format discussing problem in the "Problems to Ponder".
State briefly the basic characteristics of pure competition, pure monopoly, monopolistic competition, and oligopoly.
When the production function and the revenue are function the same in a model? (Answer is related to an assumption made about the price of the consumption good)
Paul owns a home on the top of a hill and enjoys an unobstructed view of a large wooded area.
What will be the future worth of a series of 15 annual $1500 payments if the nominal annual interest rate is 7% and the interest is compounded quarterly?
Should mothers of young children be required to work in turn for government assistance? Does the age of the child make a different? What about the number of children? What are issues involved?
In many Sub-Saharan African countries, girls have lower enrollment rates in secondary schools than do boys.
According to Keynesian theory when should expansionary fiscal policy be used? How does this change GDP, unemployment and the price level?
Dizzyland Amusement Park is a monopoly that charges for ride tickets. There is no fence around the park and anyone can walk in. Dizzyland is considering building a fence so that they can charge admission. If the fence can be built for free, does it i..
Elucidate how production possibilities table or curve reflects law of increasing opportunity costs. Illustrate what do points along PPC recurrent (with respect to available resources).
How does anarchy lead to a focus on consensus and give power to veto states and coalitions? How does ecology and sovereignty collide?
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