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The water is heated at constant pressure until all the liquid is evaporated Calculate the enthalpy (kJ/kg) at the end of the process?
The price of food increased during the past year: a. Explain why the law of demand applies to food just as it does to all other goods and services.
What are the major differences between Keynes' and Hayek's beliefs about the macroeconomy?
What is meant by the statement that "income elasticity of demand for private health insurance is positive"? List at least two potential channels
: Do you think inflation affects the wealthy and the poor equally, or it may hit the poor the hardest by redistributing wealth in favor of the wealthy
What interest rate was Diana using to calculate the present worth? The project has no salvage value at the end of its five-year life.
The marginal cost of producing energy is constant and equal to 30. What is the equilibrium price in a competitive market?
Identify the industry for TransOcean and its Global Environment. Identify a Global Environment for the company (an international country for the company).
Which of the four types of economic evaluation would you use to perform your evaluation?
Why do investors lend to countries in the first place? Who is to blame for defaults during external debts crises? When answering this question, give evidence
Which union will be more successful in an organizing drive? Explain.
Why is the heterogeneous firm model more informative on how trade affects firms than the monopolistic competition model
Research elasticity information for two particular goods: one with an elastic demand and one with an inelastic demand.
estimate what the futures price of soybeans (in $/bushel) should be in 1 month. Round your answer to two decimal places.
explain (1) why union organizers would target longshoremen to organize into a union, and (2) why the longshoren'ien's union is advocating the policies stated
Analyze the immediate labor market outcomes (i.e. effects on wages and employment) for sweatshop workers in these countries
by what percent would you expect teenagers' quantity of labor supplied to change in response to the change in the minimum wage?
Explain the benefits and drawbacks of a real world example of price control. Find a price control that is, has been, or could be enacted in the real world
Use Max Weber's theories and arguments to explain a recent social event (i.e., Occupy movement, local high-profile event).
The price elasticity of demand for gasoline at Joe's service station is 1.2. Explain what might account for the difference in elasticities.
Suppose each firm hires two models. How many firms will enter in Smallville and Big- burd, respectively?
Explain how the tourism industry has changed or evolved on a global scale over the last several year. Explain the concept of Economy Leakage.
Explain in detail both the short-run and the long-run rules that a firm will use in deciding how many inputs to use. Provide sound economic justification.
Given the nature of the problem, you are afraid that some agents will combine their claims to obtain larger allocations.
Draw a graph of this market. For the 800th unit, what is the consumer surplus? What is the producer surplus?