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Consider current budget problem of many states. What is it? Explain. What are the two basic choices for them to get out of financial trouble? Explain the impact of each. Why are some states playing for a federal bailout if needed? Explain. How is that like a game of Chicken? Explain. Why would the New Congress do better to let some states get it than bail them out? Explain.
Explain how many major wireless phone handset manufacturers are there. What is the market structure. What pricing strategies do wireless phone handset manufacturers use.
Under which circumstances is it best for a speculator seeking a capital gain to purchase bonds and If the market interest rates on other similar bonds decreases, you can be sure that?
Assume that a company has a budget of $12,000, that the wage rate is $10 per hour, and that the rental rate of capital is $ 100 per hour.
Illustrate what policy actions have the Federal Reserve taken to confirm that direction.
An electric company must decide whether to install a scrubber to reduce sulfur dioxide emissions from its electric generating station. The plant currently has no such pollution control equipment, and must buy SO2 permits to cover its emissions at ..
If the indurtry can pay only one of the six salary levels shown, which should it choose? How many workers will it employ?
This product, called Red Hat Linux, is a potential replacement for UNIX and other well-known operating systems. If you were in charge of pricing at Red Hat, what strategy would you pursue? Explain.
Economists are often criticized for making assumptions. Explain why are assumptions necessary? To think about this, you might consider an assumption that is often made,
Elucidate action did the FOMC take, if any, as per the level of the fed funds rate. Why did it make this choice
Explain how does the timing of lay-off and hiring decisions made by firms explain the misleading characteristic of this indicator.
During the late 1980s and early 1990s, economic reforms initiated by Soviet President Mikhail Gorbachev began to raise consumer incomes; but the Soviet government continued to impose price ceilings on basic goods like food, clothing, household goo..
A purely competitive firm finds that the market price for its product is $20. It has a fixed cost of $100 and a variable cost of $10 per unit for the first 50 units and then $25 per unit for all successive units. For each of the first 50 units, do..
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