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Compare and contrast the three different perspectives on sustainability.(weak substainability, Strong sustainability, ecological sustainability). What is your perspective and how would you classify it given the three general views of sustainability we discussed? Consider what you have learned about the economics of non-renewable resources and inter-temporal efficiency in the context of sustainability. If all of our modelling assumptions are retained, what is the implication for future generations with respect to prices and the amount of available non-renewable resources? What forces might change the outcomes for future generations?
The Mortensen-Pissarides (MP) framework of search labor is the thing in analyzing (equilibrium) unemployment over the business cycle. Shimer showed that the lack of hires is the big margin that affects the volatility of labor. Since then people tried..
Illustrate what are the Joseph's demands for roses also tulips as a function of prices also income.
Assume a $6 excise tax is imposed on the good. Conclude the new equilibrium cost also quantity.
Prepare a statement of cash flows for Business Solutions using the indirect method for the three months ended March 31, 2012.
Briefly state basic characteristics of pure competition, pure monopoly, monopolistic competition and oligopoly. Under which of se market classifications does each of following most accurately fit.
If it is easy for a firm to get into or exit from a market, then a firm in that market will be able to earn positive economic profits. When economic profit is positive,
illustrate what constitutes a perfectly competitive marketplace structure. Support your argument with empirical evidence wherever possible.
Illustrate what is the point of view of free trade and protectionist on: infant industries; Job Protection; Standard of living; Specialization; and National security.
Find average cost (AC), average variable cost (AVC), marginal cost (MC), marginal revenue (MR). What is the quantity that maximizes profit? What is the revenue and profit at that point?
Create an overview of the organization (history, type of product or service, type of organization, management style, organizational values, mission statement.
Describe how each of these activities affects government households as well as businesses.
Suppose price of Treasury bill falls to $925. Illustrate what is interest rate.
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