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Why do you think so many developing countries were convinced of the necessity of development planning? Were the reasons strictly economic? Comment ? Explain and comment on some of the major arguments or rationales, both economic and noneconomic, for planning in developing economies.
Heat Tamers, Inc., of Bend, Oregon produces special heat-resistant boots used primarily by firefighters, smoke-jumpers and steelworkers. It is contemplating an expansion into the heat resistant leather market charging a price of $150 per pair of b..
Corporate profitability decline by 20 percent from 2008 to 2009. What performance percentage would you use to trigger executive bonuses for that year Why What issues would arise with hiring and retaining the best manager
A firm that produces houses has a total costs function given by the following: TC = 144 + 4Q2. If the industry in which this firm operates is perfectly competitive, in the long run competitive equilibrium the number of houses the firm will produce..
What are the conditions that a variable must satisfy to qualify as an instrumental variable?
Suppose the union s objective is to maximize total labor income. What is the income-maximizing wage and quantity of labor demanded?
what is the capitalized worth, at i=10%, of $1,500 per year starting in year one and continuing forever, and $10,000 in year five, repeating every four years thereafter, and continuing ad infinitum (i.e. forever )
Suppose the price elasticity of demand for vanity plates in your state is 0.60. The initial price is $20 and the initial quantity is 1,000 plates per week. Suppose the state increases the prices by 10%. Predict the new quantity per week and total ..
if a consumer has indifference curves that are convex to the origin but have a kink in them (similar to the perfect complements example, except the angle at the kink is greater than 90 degrees) how can we determine the optimal bundle
what is the percentage increase in production when valued at 2009 prices is 21.6percent. answer to 1 decimal place.2008
Consider your current or former salary against the salary of pro sports players and movie stars. Michael Jordan made $40 million per year playing basketball and endorsing products in his day.
Recently, the owner of a Trader Joe's franchise decided to change how she compensated her top manager. Last year, she paid him a fixed salary of $65,000, and her store made $120,000 in profits (not counting payment to her top manager). She suspec..
What kinds of evidence would you seek to resolve these, at least in a localized context? What lessons can be learned for low-income countries from Botswana's successes?
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