Question: The price of CDs is $15 and the price of pizzas is $10. Derek spends all of his income buying 2 CDs and 6 pizzas per week (and nothing else). Determine Derek's income, draw his budget line and represent his uti ...
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Question: Go to the internet and find a news article published within the last three months that discusses macroeconomic effects of exchange rates, summarize key points and post in the Discussions area. Reflection - the ...
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Question - Suppose the demand curve for a product is given by Q = 19 - 1P + 2Ps Where P is the price of the product and Ps is the price of a substitute good. The price of the substitute good is $2.40. Suppose P = 0.60. W ...
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Question: Are shareholders residual claimants in a publicly traded corporation? Why or why not? In some industries, like hospitals, for-profit producers compete with nonprofit ones. Who is the residual claimant in a nonp ...
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Question: Describe the effects of employment discrimination on wages. How could this impact ones business decisions in relation to labor costs? The response must be typed, single spaced, must be in times new roman font ( ...
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Question - Suppose that a consumer can earn a higher wage rate for working overtime. That is, for the first q hours the consumer works, he or she receives a real wage rate of w1, and for hours worked more than q he or sh ...
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Question: Prehistory. No names or dates here. The key questions are how early human groups supported themselves; what kind of social, economic, and political institutions they developed to manage the resources of their e ...
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Question - Ivan owns a small boat and catches shrimps off the Redondo Beach. His weekly cost function is TC(q) = 10 + 5q + q^2. He sells shrimps to the local wholesaler at the market price p (in dollars). (a) Find Ivan's ...
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Question: The Competitive nature of the market influences labor markets outcomes. Explain and show graphically why a firm with monopoly power hires less labor than a firm hiring labor is a competitive market. Explain and ...
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The Economics of Cities and Regions Assignment - Report - Shift-Share Analysis and LGA Economic Futures Shift-share analysis and local council report on economic futures. Background: Shift-share analysis is a common econ ...
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