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Why was the price of almonds expected to rise or fall? Did a change in the supply of or demand for almonds bring about this expected change in the price?
If the price of almonds changed as a result of a change in the supply of almonds, is the demand for almonds elastic or inelastic? Explain your answer.
What effect has private ownership had on efficiency of the timber industry?
How does a Dutch flower auction influence consumer surplus and producer surplus? Are the flower auctions at the Bloemenveiling efficient?
In a Dutch auction, the auctioneer announces the highest price. What method is used to allocate flowers at the Bloemenveiling?
If all water in California is sold for the market equilibrium price, would the allocation of water be more efficient? Why or why not?
How would the price of agricultural produce, the quantity of produce grown, consumer surplus, and producer surplus change?
What is this method of allocation of water resources? Is this allocation of water efficient? Is this use of scarce water fair? Why or why not?
Under what conditions would the $1,000 fare be an example of the market price method of allocating scarce airline seats?
What method is used to allocate goods on eBay? How does an eBay auction influence consumer surplus from the good?
Who has a comparative advantage in producing caps? If Sue and Tessa specialize and trade, who will gain?
How has inexpensive broadband changed the production possibilities of video entertainment and other goods and services?
Cheap broadband's a winner Inexpensive broadband access has created a new generation. Explain how the arrival of inexpensive broadband has changed the PPF.
Defend or critique the key provisions of antitrust legislation in the United States.
Develop long-run strategies to increase firm value. Predict how your own actions will influence other people's actions.
Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables.
What makes for a "high impact" salesforce today? Why is a high impact salesforce so important for a business?
Write a minimum of a five-page essay, using proper APA format, on the topic of unemployment in the U.S. Use a minimum of three scholarly sources.
What do you need to know about borrowing? How do interest rates affect borrowers? Is it better to buy or rent a house? How do people save for retire
Explain why the supply curve for foreign currency is vertical. Let's say you return from a trip to Mexico with 1,000 pesos.
What quantities of cars and beer does Germany produce? What quantities does Japan produce?
In what product should each nation specialize? Explain why the terms of trade of 1 mango = 3 cans of sardines would be acceptable to both nations.
Is a trade deficit a sign of economic weakness? Why or why not? Which nations are the three largest trading partners of the United States?
What would happen to the standard of living in the United States if all foreign trade were eliminated?
How does international trade help the economy? What are the effects of tariffs? Why do exchange rates matter? Why do exchange rates rise and fall?