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Briefly discuss the concept of both positive and negative externalities and give specific examples of each. In your explanations of the two, cover the differences, discuss why property rights are an important variable, and discuss any other relevant variables.
Manufacturing support also selling as well as administrative costs comprise both variable and fixed costs; fixed manufacturing support costs for the present year
Illustrate what are the basic provisions of a collective bargaining agreement. Explain the differences between meditation and arbitration.
suppose that in a given period, 9% of the unemployed people will find jobs and 3% of employed people will lose their jobs. In the U.S, unemployment is at 8.1%, 1% of employed people will lose their job, and 19% of unemployed will find jobs.
Explain the difference between accounting and economic profits.
A change in the money supply has no effect on the long run values of the interest rate or real output.
Elucidate how the following factors will influence India's ability to compete in a highly competitive, rapidly changing global market place.
Find (algebraically) the points where the MC function intercepts the AVC and the ATC functions. (Hint: at one interception point MC = AVC and at the other MC = ATC)
Explain the method that you would use in your establishment also explain why you have made this decision.
Elucidate why increases in the price of a labor-intensive good lead to proportionally greater increases in the wage rate in a labor intensive country.
In early 2001 investment spending sharply declined in the United States. In the 2 months following the September 11, 2001, attacks on the United States, consumption also declined. Use AD-AS analysis to show the two impacts on real GDP.
The textbook claims that when people do not have to pay anything to use valuable resources, such as urban roadway space, they will continue using them until their value diminishes to zero.
The equality of P and MC means the firm is achieving allocative efficiency since the industry is producing the amount of product that equates society's valuation of that product and the price of the product.
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