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The Telecommunications Act of 1996 requires local phone companies to charge “reasonable” rates for transmission access (News, p. 292). What is a “reasonable” rate?
Based on the reading assigned for this module, and your own Internet research, what adjustments are required for China to rebalance its current account. What risks are inherent in such adjustments
1. why do economists pay little attention to the algebraic sign of the elasticity of demand for a good with respect to
suppose that Abel builds a factory next to Baker´s farm, and air pollution from the factory harms Baker´s crops. Is Baker´s property right to the land being violated Is an externality present What if the pollution invades Baker´s home and harms he..
A machine costing $2,082 to buy and $300 per year to operate will save labour expenses of $650 per year for eight years. If the interest rate is 10 percent, what is the minimum salvage value (after eight years) at which the machine is worth purchasin..
Firm A makes and sells electric cars. The total cost is the sum of the costs of frames, assembly, engines including batteries.
All investors actually face two dimensions of risk tolerance: their willingness to take risk and their ability to take risk. First, what is (are) the primary factor(s) that determine(s) each? Next, why would they be (are they) different
much has been made of the fact that people dont consistently act with scientific rationality. what is meant
Add an indifference curve to your graph and label the point of consumer equilibrium. Indicate Chris's consumption level of A and B. Explain why this is a consumer equilibrium. What can you say about Chris's total utility at this equilibrium?
According to the hybrid, or consensus, view of aggregate supply, the chance for an aggregate demand increase to cause inflation accelerates as Unemployment increases, The economy moves toward capacity
Find Louis' optimal consumption bundle of orange juice and pineapple juice each week. Suppose the price of pineapple juice rises to $2 a cup while the price of orange juice remains constant. How much additional income would Louis need to afford hi..
Increase in government spending
the manager of a local monopoly estimates that the elasticity of demand for its product is constant and equal to -2.
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