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Imagine that your city is planning to build a waste recyclingplant in your neighborhood. What are the ethical and practicalconsiderations for making this decision? How would your concern forthe environment affect your view on this action? Would you opposethis action? Why or why not?
Assume that someone told you that an increase in price of DVD players caused the decrease in demand for DVDs. Is this what you would predict? Why or why not?
A fall in the value of the dollar against other currencies makesUS final goods and services cheaper to foreigners even though theUS aggregate price level stays the same. As a result,foreigners demand more American output.
What are the four major types of markets in microeconomic analysis and what are the key characteristics that distinguish these markets?
Discuss the difference between monopolistic competition, and perfect competition market models and also provide examples from the real life.
Rabi Abdullahi and other Nigerian children filed a suit in a U.S. federal district court against Pfizer, alleging a violation of a customary international law norm prohibiting involuntary medical experimentation on humans. Did Pfizer violate any e..
Draw the AC function on the same graph. What is the firm's long-run supply curve? That is for every price p, how much will the firm produce in the long-run? Which curves are relevant now?
First ignore the implicit constraints: 8 i; xi 0 and give the FOCs. Then take them into account and give the Kuhn-Tucker Conditions. Simplify your expressions as far as you can.
Analyze the balance-of-payment structure and make at least one recommendation for reducing errors and/or omissions. Explain your reasoning for making the recommendation you did.
Wireless high speed internet is provided for free in the airport of the city of communityville. At first, only a few people use the service. What type a good is this and why.
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are inte..
Once the city is deemed to be operating a capacity the reduction of monetary stimulus will be required to maintain a balance between the aggregate suppy and demand of the output to keep infaltion on target in the area. Since aggregate demand is wh..
What fiscal and monetary policies are appropriate at this time pertaining to the Affordable Care Act? What monetary and fiscal policies are appropriate during this government shut down, or what will be necessary immediately following the shut dow..
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