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Please listen to one EconTalk podcast that relates to a topic covered in class (see list below). In addition to your general reaction to the podcast, please include the title of the podcast you li
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ger),how do you use macroeconomic indicators in your business plan and strategy? Why are the indicators relevant for business decision making process?...
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According to the textbook, the changes in the macroeconomic indicators affect the economic decisions of the 3 economic agents (household, firms, and...
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I need help with this assignment You operate a delivery service in your local area, but you are thinking of expanding to another market. You're
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Use the following production function to answer the question: Q = 4L1/2K1/2Suppose that the price of labor is $2 and the price of capital is $18.
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25 A monopolistically competitive firm differs from a perfectly competitive firm in the long run in that __________.
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Discrimination?
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evidence shows that the quantity equation is correct over the long run, which implies that the *growth rate of inflation leads to growth in gdp
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Question 2 ( 14 points ) Suppose Wal Mart and other major stores will not accept credit cards and consumers will have to use cash more frequently in...
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A perfectly competitive firm has variable costs given by VC=q^2 and fixed costs of FC=$1. Calculate output and profits if the price were P=$4.
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Suppose that the manager of a firm operating in a perfectly competitive market has estimated the average variable cost function to be: AVC = 4.0 -...
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Explore how firms in monopolistic competition differentiate their products or services to generate a market niche and gain more control over their...
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I am OK with that, but I do not know how to do so.
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The next set of questions builds from this story: There is a firm, Colossal Coffee Roasters, Inc., which roasts coffee.
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Draw a supply-demand diagram representing the effect on the market for hybrid autos of a permanent increase in the equilibrium price of gasoline...
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Federal Reserve Bank Assets Liabilities Bank One Assets Liabilities Ban k Two Assets Liabilities
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1)GDP is used as a measure of macroeconomic performance. What, precisely, does it measure?
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Hula hoop fabricators cost $100 each. The Hi-Ho Hula Hoop Company is trying to decide how many of these machines to buy.
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3 General Equilibrium I Suppose there exists two types of agents in the economy : mangers and workers . The number of manger is En and the number of...
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Why do some countries have greater discrepancies between their nominal and real GDP than others?
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The Government Accounting Office (GAO) announces deep cuts to social security, Medicare, and welfare programs. Which determinant of aggregate demand
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What is an externality? Provide at least three examples. How does one of the examples you provided affect the market outcome?
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Ag Consider some firms with identical cost functions c(q) = 90 + 20q + 0.1q2 for q0, and c(0) = 0, where q is firm output. Suppose as well that...
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4 General Equilibrium I Suppose there exist a representative agent . Agent derive utili ty from consumption ( . If agent work for firm , the wage ate...
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Kay enjoys x but loathes y. Her preferences are consistent with the convexity and continuity axioms. Draw two of Kay's indifference curves. Be sure...
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(a) How is the medical care market different from other markets ?
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a).... [ Whil market-based hedging instruments can be used to offset or counter uncertainties in interest rates and exchange rates as they impact the...
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[.... If the spot rate for the Won is 800 won equals 1 US $, and the annual interest rate on fixed rate one-year deposits of won is 9% and for US$ is...
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What was the percentage change in the Nominal Mimimum Wage from 1970 to 2017? What was the percentage change in the CPI from 1970 to 2017?
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Microeconomics is considered to be the study of scarce resources (Perloff, 2007). Here, consumers (both individuals and organizations) must make...
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Gary transfers property in trust. The trust income is payable to Gary's grandchildren, as Winnie sees fit.
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Could a value chain be maintained without electronics and technology to support it? If so, how?
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Q4. Brenda and Sam produce Bread and Shirts per hour consistent with the following table. I Brenda I Sam Bread per hour I 6 I 1 Shirts per hour 2 1
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(Advanced analysis) Answer the next question(s) on the basis of the following information.
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What are some relevant public policy questions when government considers breaking up a Monopoly? How long can a monopoly earn economic profits?
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Subject: Microeconomics Example A : Labor Hours Required to Produce One Unit Coffee Wine Argentina 4 8 Columbia 1 12 Which country has an absolute
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An investor plans to divide $200,000 between two investments. The first yields a certain profit of 10%, whereas the second yields a profit with...
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If, in a particular fiscal year, the federal government receives $1,990 billion in revenues and spends $1,865 billion for goods and services, the...
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ll Fido - 12:22 AM 0 7 * 20% Ans: B 85% 12% 60% 175% year. In the second year, after the second 10 units have been produced, the average variable...
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An investor has utility of wealth function u(W ) = ' exp{'W }. Suppose the investor can invest their wealth in either a risk-free asset (e.
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In the oil industry, water that mixes with crude oil during production and transportation must be removed. Chemists have found that the oil can be...
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Lemons and Asymmetric information You are looking to buy a used car.
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Two firms compete in a homogeneous product market where the inverse demand function is P = 20 -5 Q (quantity is measured in millions).
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In Module 1 you were first introduced to communities. Organisms within communities interact primarily through the following ways: competition, predation, and symbiosis. View the following PowerPoint o
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To prepare for this Case Assignment, answer the following in paragraph format (one paragraph should be plenty):Define “invasive species” using the U.S. Department of Agriculture (USDA) website: Na
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Slide 1: Title SlideStudent Name, Course Title, and DateSlide 2: IntroductionTopics to be covered in outline formSlide 3: Extinct SpeciesResearch an extinct species. Include an image of this species
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In addition to your CLA2 (Nordstorm & Walmart), please prepare a PowerPoint presentation summarizing your findings for CLA2. The presentation will consist of your major findings, analysis, and recomme
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In a day of production, firms in Israel can produce 77 microprocessors or 24 ballistic missiles. Firms in the United States can produce 88...
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Demand for books is given by formula Q = 101' PC + Y, where P is book price and Pc stand for price of cookies. What is the income elasticity of
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As it relates to Macroeconomics. Describe in detail the mechanics of the Circular Flow model. Discuss how the government and international trade...
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