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Question: In France it takes one worker to produce one sweater, and one worker to produce one bottle of wine. In Tunisia it takes two workers to produce one sweater, and three workers to produce one bottle of wine. Who has the absolute advantage in production of sweaters? Who has the absolute advantage in the production of wine? How can you tell?
Describe the difference between the short run and long run in the example to bringing about more tables for the customers. How is the restaurant able to differentiate between the short run and long run
Find out the optimal price and quantity with standard pricing. Which is the per-customer profit for the gym? What is the consumer surplus?
Perfect price discrimination creates
OUR CHOSEN ORGANIZATIN IS MC DONALDS. Evaluate why policymakers face a short-run trade-off between inflation and unemployment.
Which liability rule induces the victim to take positive precaution? Which liability rule induces the injurer to take positive precaution? Under what circumstances should the law prescribe "no liability"? How about "strict liability"?
1. how does the united states national debt compare to other countries? in your opinion what should the united states
How does the role of the government affect each market structure's ability to price their products? How does international trade affect each market structure?
suppose the poorest 90 percent of citizens actually have an income of $15,000 because each receives $5,000 of unreported income from the underground economy. what is the Gini coefficient now?
what are the different types of unemployment? how do they affect the economy? what is inflation? what is deflation?
Describe the creators
When GDP is high or increases does it indicate higher income If so when GDP per capita increases why do saving ratios decrease when savings is income induced ie a rise in income increases savings and a decrease in income decreases savings
The problem belongs to Economics, Micro-economics and it is explain the problem about Coke being a monopolist and does it engage in price discrimination and the type of price discrimination that coke is engaged in the answer.
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