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When people become unemployed because of a higher minimum wage, this type of unemployment is called:
1. Cyclical.
2. Abnormal.
3. Frictional.
4. Structural.
What factors can cause an increase in the expected future exchange rate?
utility is a satisfaction that an individual derives from consuming or using a specific good or service. total utility
what is the difference between an informative speech and a persuasive speech? why is speaking to persuade more
Select any industry with which you are familiar. Make a graph of this market in equilibrium. Provide 2-examples for industry of conditions which would change supply and two that would change demand.
The total relevant cost of holding inventory in a plant for purchased materials is given, TRC = (6000/Q)(60) PLUS 0.30(12)(Q/2) PLUS 6000(12) WHERE Q IS THE ECONOMIC ORDER QUANTITY.
What near monopoly was broken up by profound technological change in the industry rather than active government efforts using antitrust laws. American Cigar Company IBM& mainframe computers Verizon & phone service Microsoft and operating software.
1. discuss the current economic situation in the u.s. as compared to five 5 years ago. include interest rates inflation
Explain the relationship between elasticity of demand and total revenue for the following ranges along the demand curve, using the attached Graphs for Elasticity of Demand, Total Revenue.
each individual determinant analyzed for your situation with examples applicable to your situation and research 3
Helen’s preferences over CDs (C) and sandwiches (S) are given by U(S, C) = SC +10(S +C), with MUC=S +10 and MUS= C +10. If the price of a CD is $9 and the price of a sandwich is $3, and Helen can spend a combined total of $30 each day on these goods,..
describe the principle of utmost good faith. why is this higher standard applied to insurance contracts? what are some
All Giffen goods are:
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