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Economics Questions
Suppose there is a faith-based organization providing a group activity to learn about HIV transmission and...
SHORT ANSWERS FOR THESE QUESTIONS, THEY CAN BE GOOGLED WORD-FOR-WORD. THEY'RE JUST NOTES, DOESN'T HAVE TO...
Briefly define price discrimination and state the four conditions for it to be viable to a...
What explains the greatest variation in health care spending across all countries?
Consider a utility providing water service as a natural monopoly to residents of a city. The...
Should a debtor write a bounced check of debtor not going to prison? In sole proprietorships...
For a profit-maximizing monopoly where the marginal revenue is $10 and price is $20, the price...
1. According to the new growth theory the rate of technological progress is determined by chance....
For Insomnia Cookies, the total cost of producing cookies, k and frosting, f, jointly is given...
1. An increase in the working-age population results in a leftward shift of the supply of...
Two firms, A and B, each currently dump 50 tons of chemicals into the local river....
Explain/show why if all firms face the same prices for all inputs, then there is Pareto...
Do the following production functions exhibit constant, increasing or decreasing returns to scale? f = k2L^2...
"The lower the amount of pollution, the higher the level of social welfare and the Pareto...
Pretty Petals is a medium sized business with florist outlets across Australia. Pretty Petals is a...
Derive walrasian demand, hicksian deman fuctions for the following utility functions. Also derive the indirect utility...
A firm produces good Q using inputs L & K. The firm’s production function is X...
A firm needs exactly 4 units of capital and 3 units of labor to produce each...
You are an associate of the American Coffee Producers Association and operate small coffee shops in...
Distinguish the various types of property rights
A firm produces good X and has a production function X = 2L^0.25K^0.25, where L and...
The cross (also called cross-price) elasticity of demand is Select one: a. positive for inferior goods...
How has political reform and market competition influenced the Indonesian business system?
5. (20 pts) You have been given the opportunity to purchase a $100 Transocean, Inc. corporate...
Indonesia is home to a series of large business groups or conglomerates. In what ways do...
how have the current cultural environment of our country shaped the way that companies ate looking...
We study the relation between students' GPA and the number of hours per week spent studying....
1. In general, the marginal cost (MC) curve is U-shaped as you learned in the lectures...
Suppose that Belize had the following demographic figures in 2005: Population_________________ 300, 000 Number of LiveBirths_______________________9,...
Customers experiencing technical difficulty with their Internet cable service may call an 800 number for technical...
We often assume that firms are in perfectly competitive markets. Much of what we study in...
Do you think a common currency as Euro would solve many issues related to Exchange Rate...
Compare and contrast how Pontiac and Equiano differed in the ways they address white audiences. Were...
Which of the following is a characteristic of the Grossman model? a.) Health is a capital...
Why did the economies of the United States and Latin American countries develop in different ways?
In terms of productive efficiency, explain the impact that monopolies have on society (relative to a...
Of the three variables required to estimate population size (M, S, and R), which variable should...
As the price of pancakes decreased from $3 to $1 during winter, the quantity demanded for...
The H.O, theory predicts countries don't in fact export the goods. Do you agree?
Define price ceiling and price floor and give an example of each. Which leads to a...
The next series of questions uses the following table. The table contains 5 columns: Quantity Q,...
1>Natural gas: a) includes gas from oil, heavy oil, and oil sands. b) is mostly sourced...
If a 12% increase in the price of grapefruit juice causes a 22% decrease in the...
If the MPC in an economy is .8, government could shift the aggregate demand curve rightward...
1. The following data is from the demand for chocolate cookies: Producer reduces the price of...
What is US Chambers of Commerce, who does it represent and how is it related to...
Mr. Pierpont has wealth of $200,000. He wants to keep at least $80,000 in bonds at...
Should cities, and even counties, be limited to local or regional issues such as public services...
Suppose a Romer economy is on a balanced-growth path with an annual growth rate equal to...
QUESTION 1 Bertrand’s price competition (implicitly or explicitly) assumes that: a. Firms have some degree...
What is discounting?
Real GDP is a more accurate measure of an economy's production than nominal GDP because: Select...
if the nominal interst rate on mortagage loan rise from 7% to 14% but the expected...
Consider three choices A, B, C. Choice A gives $30 with probability 1/2 and $70 with...
Based on the information below, calculate and show your work. Use figure 8-3 and table 8-2...
Provide your input on the bailout of the financial Services industry and the future of banking.
Lewis Vacation Rentals has been experiencing a recent decline in its bookings. In an effort to...
1) Doctors at Asclepius have invented a novel cure for the extremely rare, very serious, acute,...
3. The government of Freedonia has decided to implement a system of risk adjustment based on...
Which of the following represents an increase in living standards over the past century? Check all...
You win $200 in a basketball pool. You have a choice between spending the money now...
Which of the following statements are correct for the effect of an import tariff on a...
Ann is a manager at a private construction company. David works a manger in the city...
Amy Lin, materials planner at Denniston Spices, in Phoenix, Arizona, was faced with an important problem...
Revenue at a major smartphone manufacturer was $1.3 billion for the nine months ending March 2,...
What are the top business ideas for removing hunger, poverty around the world?.
Which of the following statements are true for the consumer and producer surplus? Select one or...
Suppose that the economy is characterized by the following behavioral equations: C =160+0.60YD I = 150...
How to derive algebraically the goverment purchases multiplier and the tax multiplier?
(True or False questions, please provide reasons) Consider the following Heckscher-Ohlin model. France and Italy produce...
Suppose the own price elasticity of demand for good X is -2, its income elasticity is...
In evaluating personality types and cognitive styles, which types/styles do you consider important for identifying with...
(True or False questions, please provide reasons) Consider the following Heckscher-Ohlin model. France and Italy produce...
Can the government, Federal or State, really regulate in this ares? What about pornography. ? What...
The Taxpayer Relief Act of Country A created the Roth IRA (A Roth IRA is an...
When a firm suggests it can increase your returns by 20%-30% regardless of market performance, they...
Determine which of the following statement below are correct. Multiple statements may be correct. If you...
Questions 16 to 22 The demand and supply for good x are respectively QD = 28...
You open the newspaper and you see that the unemployment rate has gone down to 5%. You...
The U.S. has accused China of artificially deflating the value of their currency. What would be...
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