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What factors explain wage differentials? why do movie stars get paid much more than school teachers? The answer must be explain the concepts as if your explaining it to a person who have no knownlege with the subject.
Many companies choose to incorporate in the tiny state of Delaware because __________.
a) What these numbers mean and how can they assist his business? What he needs to do to "make more profit"?
According to Van Wormer and Link (2015), conviction that individuals had the inherent capacity to achieve positive change through drawing on their own resources and on resources in their surroundings is fundamental to progressive social work. Describ..
Suppose that the pre-tax price of gasoline is $1 per gallon. A tax of $0.50 is imposed and is paid by consumers to the government. What must the gross price of gasoline be after the tax so that the consumer tax burden is equal to the producer tax bur..
Sometimes stores have sales that limit the quantity you can purchase at the sale price. If you buy more than the limit, you pay the full price. Assume that your local grocery store is having a sale on yogurt where the first 5 are on sale for $1.00 pe..
Their costs and benefits are presented in the table below. Each project has a useful life of 50 years and the MARR is 12% per year. Which of the projects, if any, should be selected?
In the movie Peter says: “It’s not that I am lazy. It is that I just don’t care…The problem is one of motivation.” What kind of problem is depicted in the movie? Is it one of moral hazard or adverse selection? Explain.
What are the arguments FOR trade restrictions? Why don't we restrict trade among states with the borders of the U. S.?
The United States is experiencing a recession and Congress decides to adopt an expansionary fiscal policy to stimulate the economy.
“The pervasive problem of scarcity means that every society must choose among alternative uses of its limited resources. Society has only so much labor, capital, land and entrepreneurship that can be used to satisfy the unlimited wants of its members..
A military conflict forces the shut-down of major crude oil pipeline. World oil prices soared to an 18 month high. Show the effects in the crude oil market.
Then make an argument for why the government may still prefer using the other approach.
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