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Welform Reform
1. what happens to the number of people on welfare since 1994? What explains the change over time?
official poverty level
2. How does the U.S. department of agriculture calculate the official poverty level? What government assistance programs does the census bureau consider when calculating household income? What programs are ignored?
Choose an article in a newspaper or magazine that discusses a United States government policy on goods or services.
Alchem (L) is the price leader in the polyglue All 10 other manufacturers (follower [F] firms) sell polyglue at the same price as Alchem. Alchem allows the other firms to sell as much as they wish at the established price and supplies the remaind..
When price exceeds marginal cost, a profit-maximizing firm will decrease production.The marginal cost curve intersects the average total cost curve at the break-even point
Movie theaters often offer decreased rates for children under ten. This suggests that tht demand for adult admission is
a limited supply of natural gas to consume (assume that no natural gas will be created in the future). Assume the demand for cubic feet of natural gas is given by the equation, P=350-5Q, the extraction of natural gas has a constant marginal cost o..
Case study any global economic event or events currently or recently covered in the news media and write a critical essay applying the concept points
debbie listens only to frank zappa or weird al yankovic. she currently buys 10 zappa and 20 yankovic downloads per
What amount must be placed on deposit today to equal $15,000 in 4 years at 15 percent per year compounded continuously?
a pure monopolist sells output for 4.00 per unit at the current level of production. at this level of output the
When measuring costs, it is important to keep in mind of one of the Ten Principles of Economics: The cost of something is what you give up to get it.
Analyze the major barriers for entry and exit into the airline industry.
Consider a N firm homogenous good oligopoly with constant marginal cost, which is the same for all firms. Assume that the N firms form a collusive agreement to produce monopoly output levels as long as no cheating is observed.
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