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Q1. Timber companies in the United States cut down many trees on openly owned land. Describe likely efficiency of logging on each type of land in the absence of government guideline. Explain how do you think the government should regulate logging on publicly owned lands? Should similar regulations apply to privately owned land?
Q2. Quantity Demand = 45 - 2PQuantity Supplied = -15 + P
Illustrate what is the Consumer Surplus in the market? Illustrate what is the Producer Surplus in the market?
The risk premium it charges on its loans is classified as profits in economics.
Compare these results to those predicted by the equilibrium business cycle model developed by Barro throughout the text.
Use the characteristics/features of the different market structure to determine which market structure to classify your chosen firm.
Illustrate what is the gain in consumer's surplus for ABC fan that can get these sweaters at Target instead of at the ABC.
Why do Caterpillar and your parents have different opinions about the value of the dollar.
Consider an employee who does not receive employer-based health insurance and must divide her $700 per week in after-tax income.
Research where you would find the U.S. international trade policies and their history as they apply to various industries.
The impossible trinity refers to the idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
By using calculus show that the production function exhibits diminishing returns to labor.
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.
Clarify what happened to the profit maximizing output rate when input costs were increased.
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