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Economic instruments Financial rewards, incentives and penalties that operate automatically via market forces, to encourage beneficial behavior.
Microeconomics, Economics
Question: Describe the jobs of different types of salespeople and list the characteristics of successful salespeople; Identify a characteristic that you personally need to develop to be a successful salesperson, should y ...
Question: Vietnam and Columbia both produce coffee. Vietnam's currency is called the Dong (VND) and Columbia's currency is called the peso (COP). In Vietnam, coffee sells for 5,000 VND per pound of coffee. The exchange r ...
Question: A recent graduate has submitted his application to the World Bank for a position in the Young Professional Program. He knows the Bank hires 4% of its applicants. Only some of the applicants receive an interview ...
Question: Suppose inputs are only substitutable at two units of labor for every one unit of capital and one unit of output is produced for every unit of labor or 1/2 unit of capital. What would be the equation for the pr ...
Question: Why would economists use the term deadweight loss to describe the impact on consumer surplus and producer surplus from a price control? The response must be typed, single spaced, must be in times new roman font ...
Question: Why is there asymmetric information in the labor market? What signals can an employer look for that might indicate the traits they are seeking in a new employee? The response must be typed, single spaced, must ...
Question: Please answer in 7-8 sentances: "Future historians may well write the epitaph of our civilization as follows: From command and tradition came stagnation and stability From liberty and science came rapid growth ...
Question: Suppose you have $5,000 in savings when the price level index is at 100. (a) If inflation pushes the price level up by 10 percent, what will be the real value of your savings? (b) What is the real value of your ...
Question: a) John has 40 gallons of gasoline (G) and 20 bags of sugar (S). For that market basket, John's MRSSG is 3G/1S. Maria has 40G and 50S. For that market basket, Maria's MRSSG is 1G/1S. Use a numerical example to ...
Question: Discuss the concepts of engineering projects and their investment profile. How would you assess the economic feasibility of engineering projects in your organization? Give examples from your organization to sup ...
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As