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France exports about 18 percent of its GDP, neighbouring Belgium exports 46 percent. What areas of economic policy are likely to be affected by such variations in exports?
Mrs. Smith is earning a loss and should shut down in the short run. Mrs. Smith is earning a loss but should continue to operate in the short run. Mrs. Smith is earning a profit since the price is above the average variable cost.
What is minimum-cost blend that will meet quality standards and provide 1000 pounds of blended coffee product. What is cost per pound for coffee blend. Determine aroma and taste ratings for coffee blend.
q. in recent years many plants have closed forcing thousands of employees out of their jobs as well as into new ones.
Based on your understanding of the gains from trade, do you think which these payoffs actually reflect a nation's welfare under the four possible outcomes.
q1. assume demand take the form q 36p-1.a. show that the price elasticity of demand is constant and equal to -1.b.
What is the economic justification for zoning laws, which restrict the private property owner’s right to do what he or she wants with his or her property?
Income inequality and poverty affect us in many ways we may not think about. Gregory W. is a homeless man in Louisiana who was arrested for stealing food from a grocery store. What would be a fair way to hold this man accountable for his theft? When..
Clearly explain the factors to consider as your "fixed factor" and alternative short term and long-term decisions. Submit your analysis in a one to three page paper.
Government A decides it wants to eliminate poverty and unemployment by immediately issuing 50,000 dollars/yr to all unemployed citizens. All said citizens receiving the 50,000 per year under this government are thereby not considered unemployed. Expl..
Suppose the firm chooses this input combination. What is the firm's short run cost function? What are the firm's fixed costs? What are the firm's variable costs?
Kramer Smith owns a dry-cleaning service also is thinking about changing his advertising expenditures for the year.
Suppose the US government requires firms to provide Workers Compensation Insurance Coverage for its employees. How does this mandate affect labor market outcomes (employment and wages) when workers’ valuation of Workers
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