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What are the three macroeconomic goals? Find an article that shows a connection between a current event and two of the three macroeconomic goals.
In a situation in which a gift certificate leads a consumer to purchase a greater quantity of an inferior good than he or she would consume if given a cash gift of equal value. Is this always the case
Utilize the marginal productivity theory of labor demand to predict the impact on the firm's employment level of the following events.
As sitting in your office one evening, you begin to think about some of the key microeconomic messages you need to communicate to the Board.
Keynesian thinking dominated US (and other developed-country) policy-making well into the 1970s, although the "classical" counter-arguments kept up a steady criticism:
Testifying at a price fixing trial involving Cargill Corp. and the market for chicken growth hormone, (in which the Cargill is one of only three firms worldwide), an executive for Perdue said
If the price of processor chips used in manufacturing personal computers decrease, what will happen in the market for personal computers How will the equilibrium price and equilibrium quantity of personal computers change
In the Ricardian model, everyone seems to benefit from trade. However, the Heckscher-Ohlin model seems to show that some lose from trade as well. Who are the losers in the HO model and how do they not benefit from trade
Show the first and second order condition for profit maximization. Illustrate what is the price elasticity of demand faced by this monopolist.
a. Find the equilibrium price and quantity. Compute consumer surplus, producer surplus, and totalsurplus in the market equilibrium. b. For each unit of Negext produced,4 units of pollution are emitted, and each unit of pollutionimposes a cost on s..
Why would a nation such as the United States, which can presumably produce everything it needs itself, choose to trade with other nations?
Elulcidate briefly the fundamental determinants of economic growth and development.
A symetric information can have deleterious effects on market outcomes. Discuss a few tactics that managers can use to overcome these problems.
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