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Within the Discussion Board area, write 400-600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
In your own community, what remnants of previous cultures can you identify? These unique elements can be things such as foods, music, clothing, linguistic traits, etc., that your family, church, neighborhood, or other community has preserved throughout the generations.
Minimum wage legislation requires most firms to pay workers no less than the legislated minimum wage per hour. Using marginal productivity theory, explain how a change in minimum wage affects the employment of unskilled labor?
q1. the following table shows data for the simple production function used. capital costs this firm 20 per unit and
Find Marens consumption in the two periods ( as a function of m1,m2 and r)3) If the interest rises, how will Maren chanhe her consumption in each of the two periodes
the family doctor magazine is published monthly in ho chi minh cityvietnam aimed at providing health nutrition fitness
The demand for personal computers can be characterized by following point elasticity = -5, cross-price elasticity with software = -4, and income elasticity = 2.5. Indicate whether each of following statements is true or false, and describe your an..
Analyse the short and long run impacts of an expansionary monetary policy, within an AD-AS (aggregate demand/ aggregate supply) model on each of the following economic variables.
assume that the market is perfectly competitive. solve for equilibrium price and quantity pq. also compute the
Using a method similar to the CPI, compute percentage change in the overall price level. Use 2011 as base year, and fix the basket at 1 karaoke machine and 3 CDs.
would you expect the price elasticity of demand to be higher at the level of an individual school or at the aggregate
Your company, EconCo, has just been hired by a foreign company that is trying to open a new manufacturing plant in the United States. Because of the overload in work by the staff,
Describe how the Law of Diminishing Marginal Product results in u-shaped average cost curves, both Average Total Cost and Average Variable Costs
When a perfectly competitive firm finds that its market price is below its minimum average variable cost, it will sella. any positive output the entrepreneur decides upon because all of it can be sold. b. nothing at all; the firm shuts down c. the ou..
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