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Why SMEs (small-to-medium enterprise) are important for development? Explain what kind of partnership would you implement to promote sustainable economic growth and which goal(s) will impact.
What would be your ideal situation if you are the defendant?
What is the difference between absolute and comparative advantage? Which is more appropriate for current trade policy?
What is meant by the statement: "Disparities in health and in healthcare are structural in origin."
Identify the assumptions associated with a firm operating under perfect competition and what the implications of those assumptions mean for its short run and long run decisions? Explain why market power leads to market failure and how this can be cor..
It is difficult to compare the size of a nation’s economy to the size of a multinational corporation (MNC), as it is a bit like comparing apples to oranges. However, by almost any measure, whether comparing GDP or revenues, Conversely, what positive..
Assume the demand for balloons is P=40-2Q. The supply is P=3Q. What is the equilibrium price and quantity? What is producer surplus? What is the consumer surplus?
A consumer has preferences for food and entertainment equal to U(qF, qE) = qF2 qE. Suppose the consumer's budget is $1,000 and the unit price of entertainment is $10 Find the consumer's demand for food. Suppose the price of entertainment increased to..
The Macroeconomic Paper tests your ability to apply economic principles to a business decision considering the impact of macroeconomic variables.
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 20,000 -4Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 2,000QL and CF (QF) = 4,000QF.
The equilibrium price after a specific tax will be the same whether the tax is collected from consumers or producers. The tax incidence on consumers will be higher if the tax is collected from consumers. More tax revenue is raised if a tax is collect..
ENTREPRENEURSHIP Discussion- What is your small business or entrepreneurial idea? Why do you believe that this is a functional idea for a new business?
Suppose there are two goods being produced in the economy: robots and wheat. Robots are a capital intensive good and wheat is a labor intensive good. Supposethat there are two countries: France and Brazil. France is capital abundant andBrazil is labo..
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