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Suppose that your state is considering a law that would force all monopolies to charge no more. Explain to your legislator the pros and cons of this approach.
Explain carefully why a country settles in equilibrium at the intersection of the IS, LM, and BP curves.
The board of directors at AutoEdge is actively discussing several options to address flagging revenue.
What market structure does a cartel have? What four conditions would reduce cheating in a cartel?
What organization(s) are responsible for this discovery? Discuss any future potential applications.
You can write a paper (over 20 pages) characterizing the trade between the US and China.
Why might a large country like the United States have a greater incentive than a small country to use trade restrictions?
Estimate the welfare impacts that would occur with such a tariff, given that the elasticity of demand by consumers for good X is 2 2.0.
Will the loss in home consumer surplus become greater or less, for a given tariff amount, when the demand curve becomes more elastic?
What is the financial self-sufficiency ratio for the bank in this village? Can we conclude that bank's program in village 2 is better than that in village 1?
Provide and explain at least three reasons why statistical evaluations of microfi nance programs might be unsound.
What are the main functions of financial managers? Why is shareholder wealth maximization a better operating goal than profit maximization?
Explain which characteristic(s) of competitive markets your market does not meet. Explain why a demand curve slopes downward.
Which event represents a shift in the supply curve? Which represents a movement along the curve? What is the difference?
Explain how the incentives facing cell phone companies and consumers cause the market for cell phones to reach equilibrium.
Explain why the equilibrium price is often called the market-clearing price. Explain what will happen to the demand and supply of phones.
Explain what will happen to the demand for and supply of phones and predict the direction of the change in the equilibrium price and quantity
If a decrease in the price of laptops causes the demand for cell phones to increase, are laptops and cell phones substitutes or complements?
Your gym offers two classes at the same time: weightlifting and yoga. Which class gives him more utility? How do you know this?
Explain what happens to the opportunity cost of purchasing a wedge of cheese (in terms of bread) if your income decreases by 20 percent.
How will each of these events affect Simone's budget constraint for voice and dance lessons?
When the price of flowers fell, Julian purchased fewer plants. Which effect was stronger for Julian, the income effect or the substitution effect?
Sarah's new utility-maximizing combination of books and movies is five movie and four book. Given this information, can we say whether movies are a normal good?
An organization that raises money to provide meals for seniors gives. Explain to Sami why giving tote bags could make financial sense for the organization.
How many total trips can Jordan take if she takes the train three times? Suppose Jordan's travel budget is cut to $360. Draw her new budget constraint.