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Question: There are questions in economic but the first basic question of "WHAT TO PRODUCE?" How does economic answer this question? Please show steps how you get an answer and please be clear in your explanation.
Basic Economics, Economics
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Question: Explain the real determinants of demand of products and services. Please show steps how you get an answer and please be clear in your explanation.
Question: What actually happens to marginal cost when average cost increases? Be sure to support your response with specifics.
Question: Economically, how would you rate President Obama's leadership on the economy of the US even now that he is ending his terms in office? Is America standing still of still standing? Provide justifications and cit ...
Question: Suppose that the market for alcohol in a large metropolitan area, the local government is concerned about the number of DUI's and has decided to impose a sin tax on alcohol sales. If demand in this market is in ...
Question: Developing countries can increase productivity growth more easily than industrial countries. Does this imply that they will eventually be able to achieve the same living standards as industrial countries? Why o ...
Problem: Why do economists try to keep track of the CPI and the importance of CPI? Be detailed in your response and provide examples also.
Question: When looking at firms, you will find that they are facing many challenges to estimate when to continue to operate. The challenge that a firm is going to face is to measure their fixed and variable costs. What a ...
Question: State and show at least ten ways to improve productivity within organization? Please show steps how you get an answer and please be clear in your explanation.
Problem: Suppose a price floor of $30 is imposed by government in a competitive market where demand and supply are given by Q d = 100 - 2P and Q s = 5 + 3P. Calculate the resulting Q d , Q s and the market surplus. Wh ...
Question: Explain the relevance of the Herfindahl- Hirschman index for antitrust policy under the horizontal merger guidelines. Please show steps how you get an answer and please be clear in your explanation.
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