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In what types of situations is conducting a census more appropriate than sampling? When is sampling more appropriate than a census? (Minimum: 450 Words)
q.youre the manager of global opportunities for a u.s. manufacturer who is considering in europe expanding sales. as
A wind power turbine produces a maximum electrical output of 500 kilowatts. The turbine has a 15-year lifetime and the discount rate is 10%. The wind turbine costs $1 million for equipment prior to installation. Operation and maintenance costs are $5..
Explain the problems of “cannibalization” and “arbitrage” in the context of price discrimination and discuss how they can be avoided. Provide two examples of each problem (and possible solutions) from the publishing industry.
Suppose a country has total GDP (Y) = $10 trillion, consumption = $7 trillion, government spending = $3 trillion, investment = $2 trillion, and taxes = $1.7 trillion. What is the level of net exports or balance of trade? What is the level of private ..
A 911 emergency response service needs operators who are bilingual in English and Spanish. A few applicants of Spanish origin are rejected due to poor English-speaking skills. They file a complaint on the grounds of discrimination based on nationalit..
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..
higher price and quantity in equilibrium
Suppose that the U.S. government decides to levy a tax (such as an excise tax) on cola consumers. Before the tax, 20,000 cases of cola were sold every week at a price of $8 per case. after the teax,
Compared with perfect competition, quantity produced in monopolistic competition is inefficient as price is higher than marginal cost (i.e. allocative inefficiency). Why do some economists argue that even if price is higher than marginal cost, it doe..
Explain briefly why the sellers and buyers are each willing to do so. What is the total cost of pollution reduction in this situation.
In order to encourage its employees to save money for retirement, a large pharmaceutical company offers a guaranteed rate of return of 10% per year, without regard to the market interest rate. If a new engineer invests $5000 per year for 10 years at ..
What happens in a decreasing-cost industry when some firms leave and the industry's output contracts?
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