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If a country is currently producing 11 units of health care and 16 units of education,
what is the opportunity cost of producing 5 more units of education?
Suppose you are studying the market for shoes. Two events take place simultaneously. First, price of leather decreases, and second, consumers' income increases. What will happen to the equilibrium price and equilibrium quantity of shoes?
what is chain command and what are the pros and cons of organizational technique what bennefits are provided by the use of specific chain of command and what issues might result
The problem in economics in price theory deals with deriving maximum marginal utility and marginal rate of substitution and price elasticity of demand.
Assume your elasticity of demand for your parking lot spaces is -.05, and price is $20/day. If your MC is zero, and your capacity at 9 a.m. is 96% full over the last month, are you optimizing?
Cypress River Landscape Supply is a large wholesale supplier of landscaping materials in Georgia.Cypress River’s sales vary seasonally.
Suppose that Congress is considering an investment tax credit, which subsidizes domestic investment. (a) How does this policy affect national saving, domestic investment, net capital outflow, the interest rate, the exchange rate, and the trade bal..
What function does money play for Dash, Crunch, and Bolt? Explain why Johnny's money is or is not part of the M1,and/or M2 money supply.
other things the same, a fall in the economys overall level of prices tends to 1.rise both the quantity demanded and supplied of goods and services 2.rise the quantity demanded of goods and services, but lower the quantity supplied3.lower the quantit..
How does Walmart(WM) relate to organizational learning. I am particularly interested in the WM´s organization and its use of : a. reinforcement strategies (both positive and negative) b. E-learning with emphasize on Wal-Mart's focus with regard to th..
what are the trade offs involved between current and future consumption/production? In the absence of government intervention, would we expect the consumers/producers to make optimal intertemporal decisions?
government action is based on majority rule, whereas market action is based on mutual consent. The market allows for proportional representation of minorities, but minorities must yield to the views of the majority when activities are undertaken t..
Write down a short memo to Ralph Sampson describing the analysis that the company should do before it makes this decision and any other considerations that would affect decision.
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