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What are some of the major factors that have led to the collapse of state power in a number of countries and the rise of revolutions?
Microeconomics, Economics
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Who is helped, who is hurt by a living wage requirement? What underlying data is used to justify a living wage requirement? What are the long run impacts of a living wage requirement?
Question - Suppose there are 100 commuters that use a strip of highway to get to work. They all drive alone and prefer to drive in big cars - it gives them more prestige a makes them feel safer. Bigger cars cost more per ...
Question: In the graph below, assume that the market demand curve for labor is initially D1. The market supply curve for labor is indicated with figure "S". Wage rate is depicted on the other things held constant vertica ...
Question - Let demand be given by QD = 8 - 2P; let supply be given by QS = 2P. A tax of $2 per unit is imposed on consumer, what is the new equilibrium price [the price paid by the consumer]?
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