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wHEN WAGE IS $6.05, HOW MANY HOURS ARE WORKED A WEEK?
Suppose that Congress increases the minimum wage to $10 an hour. a. Use a supply and demand model for unskilled labor to show the effect on the number of unskilled workers employed
Use a supply and demand diagram to help explain how a city council might help to decrease traffic congestion in the city during weekends. pointing out that demand happens d
a) Explain the perverse incentive. b) What makes the incentive perverse? c) How could the incentive makers better the incentive?
problem solving
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At a market price of $21 a toy, what quantity does the firm produce in the short run and does the firm make a positive economic profit, a zero economic profit, or an economic loss?
GIVE AND EXPLAIN IN DETAIL,ARGUMENTS GIVEN TO EXPLAIN LEONTIEF''S EMPERICAL FINDINGS ON THE HECKSCHER-OHLIN MODEL OF TRADE.
Explain the figure of say''s law of market
What is the explanation for SAC to be tangent to LAC?(In other words, why must both be tangent to each other)?
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