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Prepare a two- to three-page paper in APA style, sixth edition format, that describes, explains, addresses, and answers the following questions or statements.
Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why?
Describe and explain why a socialist system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010.
Use the laws of supply and demand to explain why the cost to heat our homes and businesses goes up in the winter time. Be sure to explain your answer fully.
Include APA style in-text citations, as well as a reference section.
If there is asymmetric information what is the optimal strategy for the workers What is the optimal strategy for the firm Is the employment contract between the firm and the workers self-enforcing If yes, why If not, which would be a self-enforcing..
In the early 1990's, a study found that moderate daily consumption of red wine reduced the incidence of heart disease in labratory rats. As a result of national press coverage of the report, the demand for red wine increased dramatically. Assume t..
What kind of consumers buy this product? Are there targeted marketing campaigns to specific groups of consumers?
About the topic of national debt, it just likes we lent money from our offspring. Most of us think the debt is bad.
analyze the past current and future cost considerations of the company and on the basis of your costs analysis create a
A new contraption to help you eat yogurt easily while driving, autogurt, is now on the market. It costs Justin $2 in equipment per unit, and takes him approximately 6 min to make. Justin charges $20 per hour. Justin additionally pays an electricit..
The average 15-year old purchases 12 CDs and 15 cheese pizzas in the typical year. If cheese pizzas are inferior goods, would the average 15-year old be indifferent between receiving the $30 gift certificate at local music store and $30 in cash?
for the following problems assume that under free trade i.e. before any tariffs are imposedthe u.s. has a domestic shoe
ac inc. has a monopoly in the market for little green houses. acs total cost function is 100000.10y2 0.10 y squareand
your neighbor cindy wants to start a contracting business for installing solar panels. she has heard of the cost
The local utility company applies a "declining block" rate structure for its industrial consumers, that lower unit price is charged for higher quantity blocks of electricity and water usage. Is the company practicing any type of price discriminati..
Individuals without health insurance impose substantial negative externalities on those who do. In a paragraph, list some of these externalities and briefly describe their signficance.
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