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Say if the following statement is true or false and why: "High import tariffs on imported goods don't affect the export activities of the country. Exports depend only on the demand of foreign countries for our products and therefore our exporting firms do not get any benefit if we reduce our tariffs on imported goods".
A ship sets out to sail to a point 197 km due north. An unexpected storm blows the ship to a point 107 km due east of its starting point. In what direction must it now sail to reach its original destination.
Find the entry to record the cash proceeds at the time the bond is sold and Multiple choice questions based on share valuation.
Displacement is which of the following types of quantities.
A person of mass 75 stands at the center of a rotating merry-go-round platform of radius 2.8 and moment of inertia 920. The platform rotates without friction with angular velocity 1.78. The person walks radially to the edge of the platform. Compute a..
Use a short-run Phillips curve to Explicate why the inflation rate may decrease over the course of 2009. Under Illustrate what circumstances might the inflation rate not decrease during 2009.
The pilot of an aircraft wishes to fly due west in a 37.70 km/h wind blowing toward the south. The speed of the aircraft in the absence of the wind is 191 km/h.
Multiple choice question based on share valuation - Which of the subsequent would be most likely to reveal that cost of goods sold increased by a specific dollar amount during the year?
What is Capital budgeting and assess the conclusions we might make about the wisdom of undertaking this project
Is it reasonable from an economist's viewpoint to minimize the role of the government in accordance with Nozick's moral argument.
Suppose you want to produce WIDGETS in your country. The international price of an imported WIDGET is $50 and pays an import tariff of $10 per unit. Three inputs are needed to produce a WIDGET.
What is opportunity cost? Explain with the help of an example, why assumption of constant opportunity cost is very unrealistic? Explain law of demand with the help of a demand schedule and demand curve.
According to the quantity theory of money, what is the effect of increase in quantity of money?
Between your answers to parts b and c, which prices/capacity are best applied from a social welfare perspective? Why?
The questions posed are broad and open ended so be careful to allow yourself enough research and planning time.
Reflecting back on what you learned about sustainable management practices throughout this quarter; determine 5 activities that illustrate sustainable management of resources that you pursue in your everyday life.
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
Fill in the missing data for price (P), total revenue(TR), marginal revenue (MR), total cost (TC), marginal cost (MC), profit (π), and marginal profit (Mπ) in the following table:
Give the before-tax charcoal price and quantity exchanged. Give the after-tax charcoal price to buyers, the quantity exchanged, and total tax revenues.
What is the profit-maximizing price and output? What is the total profit? What is the price elasticity of demand at the profit maximizing output?
How might there be increase in total spending on a child's education in response to providing a fixed level of education?
Suppose two identical firms produce widgets and they are the only firms in the market. Find out the Stackleberg Equilibrium.
Draw a bowed-out production possibilities curve (PPC or PPF) with an aggregate measure of medical services, Q, on the horizontal axis and an aggregate measure of all other goods (and services), Z, on the vertical axis.
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