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Torts- people suing people, businesses, and goverment for all types of things. Some argue that today, it is an epidemic and needs to be reformed. Others say no- that tort law is there to protect our personal interests. Pick one side and argue your point. Should tort law be changed or not?
A firm has a production function (products of the whole year) given by q = 500 (LK)^1/2 . Wage is $40000 per year and capital rental rate is $90000 per year. (Details and steps required) a. Find the best way to produce 6000 products in a year. What i..
Suppose that competition amongst bond brokers causes bonds to become more liquid. Using the liquidity preference model, show graphically how this will affect money demand and the nominal interest rate.
Suppose that, instead, the market quantity demanded at a price of $1.33 is only 75,000. How many firms do you expect there to be in this industry.
Explain a way that your family interactsin factor market and a way that it interactsin products market. Discuss how circular flow relates to current economic situations.
How might freeing up dead capital have helped to increase Mongolia’s rate of economic growth? What type of investment would foreign residents undertake if they were to purchase a small fraction of the shares of stocks owned by Mongolia’s residents?
U.S. Airways experienced huge losses for several years in the 1990s, yet it continued to operate its fleets.
What is the difference between the Federal Reserve’s “discount rate” and the “federal funds” rate? Why is the discount rate in the US not as important in financial markets as the federal funds rate?
Illustrate what are the fours upply factors of economic grwoth. what is the demand factor? What is the efficiency factor.
If an industry has no barriers to entry, no product promotion strategy, a standardized product type, and a very large number of firms operating within it, the industry can be said to have. The long-run average-cost curve
Choose all that apply. Imagine an economy of 10 individuals. Their annual incomes are reported below. Imagine that $100 of Oprah’s income is transferred to Anna. What is true? John - $1000 Kitty - $800 Walter - $200 Steve - $500 Samuel - $800 Bob - $..
Currently, there is a $0.50 copayment on drugs. The HMO has decided to raise this to $1.00 per prescription. The cost of a prescription is $6.00, which mean the HMO's contribution to the total cost will fall from $5.50 to $5.00. How much will be dema..
A customer is closing operations and has equipment to dispose. Reservation of eqpt, is 250K. There is a .4 chance a buyer will pay 300K and a .25 chance the buyer will pay 350K and a .1 chance the buyer will pay 400K and a .25 chance it will not sell..
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