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When you buy a good in the market place, some one is selling it to you. Thus, when you go to work, you sell yourself. True, False, Explain.
What is the opportunity cost of paid work?
A perfectly competitive labor market sets what two curves equal to determine the wage?
Explore one of the sophisticated pricing techniques covered in this topic and provide an example of how it is used. What are some constraints that may limit the ability of firms to use these techniques?
Suppose that the initial loan of $20,000 and interest rate 1.2% per month. Interest due is paid at end of each month. $10,000 of the original unpaid balance is to be repaid at the end of month two and three only. How much total interest would have be..
Most individuals are aware of the fact that the average annual repair cost for an automobile depends on the age of the automobile. A researcher is interested in finding out whether the variance of the annual repair costs also increases with the age o..
Describe the process in the money market (demand and supply of/for money) by which the interest rate reaches its equilibrium value if it starts above equilibrium. (Principles of Macroeconomics)
Do you think the U.S. Post Office should be protected from competition What about a pharmaceutical company that has just spent millions to develop a life-saving drug
The three essential pieces of information in the abstract section of an informal document are
Calculate gross national product and net national product
You have decided to buy a small apartment building for $100,000 near a local college. You used $10,000 as a down payment and obtained a mortgage from a local bank for the remaining $90,000. The annual mortgage payment to the bank is $11,500. You expe..
Why are some products elastic and some inelastic? Why do some businesses charge consumers different prices for the goods? ( I.e. airlines,autos) What is comparative Advantage? What role does it play in international trade? Name and explain two source..
An easy on "under what conditions would a nation be able to currently produce more of both consumer and capital goods? At least 150 words excluding "a", "an" and "the"
U.S. government price supports for milk led to an unceasing surplus of milk. In an effort to reduce the surplus about a decade ago, Congress offered to pay dairy farmers to slaughter cows. Use two diagrams, one for the milk market and one for the mea..
How does game theory explain why strategic moves fluctuate? Some oligopolies use a form of implicit cooperation called price leadership, which is legal in the US. Why do you think these firms try to engage in this practice? And why does price leaders..
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