Question: What happens to a firm's expansion path if one of its inputs permanently falls in price while the price of the other remains constant? The response must be typed, single spaced, must be in times new roman font ...
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Question: 1 ) What is an industry cluster and what does a cluster mean for employment, services, infrastructure? 2) What is "an incentive based economic development strategy"? The response must be typed, single spaced, m ...
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Question: The index of consumer expectations dropped much more sharply before the brief and mild 1980 recession than it did before the much more severe and prolonged 1981-2 recession. The same pattern also occurred for t ...
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Question: On July 5, 1884, Dudley, Stephens, and Brooks - "all able-bodied English seamen" - and a teenage English boy were cast adrift in a lifeboat following a storm at sea. They had no water with them in the boat, and ...
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Question: (A) Peggy buys a house for $200,000, with a monthly mortgage payment of $2,000. The current interest rate is 8%. A year later, the interest rate drops to 7% and her monthly payment falls to $1,800. What happens ...
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Question: In 1998, Brazil had a per capita GDP of about $4,500, compared to per capita GDP of about $28,000 in the US. (A) If per capita growth were to average 2% per year indefinitely in the US and 5% per year in Brazil ...
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Question: Assume that in long-run equilibrium the minimum point of the LRAC curve for a table manufacturer's tables in $200 per table. Under conditions of monopolistic competition, will the long-run price of a table be a ...
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Question: 1) Discuss what is meant by the term risk assessment and describe the steps that constitute risk assessment. In your answer, please also discuss human exposure assessment and how it is similar and different fro ...
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Question - Lashondra is the owner/operator of an interior design firm. Last year she earned $400,000 in total revenue. Her explicit costs were $200,000 (assume that this amount represents the total opportunity cost of th ...
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Question: Car warranties help eliminate a lemons problem but can also create moral hazard. Can society put an end to the lemons problems by requiring that all sellers offer warranties? The response must be typed, single ...
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