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What was the likely basis of the suit? How does the knowledge that Continental and Northwest were in serious financial trouble play a role in the suit?
Calculate an Ecofame guideline that would correspond to the Department of Justice guidelines.
Some analysts have argued that competition will eliminate X-inefficiency from firms. Will it? Why?
How do the incentives facing managers resemble those of politicians? What does your answer say about the relative value of each to society?
How does the compensation awarded to heads of religious organizations compare to the salary of CEOs in profit-making organizations?
What does this suggest about the long-term environmental sustainability of free market decisions? (Institutionalist)
How does uncertainty that firms face encourage firms to use rules of thumb? What implications for economic analysis do firms' use of rules of thumb have?
What are some likely results if corporations control the marketplace of ideas? What, if anything, should be done about this control? (Radical)
Give two reasons why these companies have such programs rather than simply offering lower prices. Can you give other examples of such programs?
Are managers and high-level company officials paid high salaries because they're worth it to the firm? How would you tell whether you're correct?
What would the introduction of this technology do to art museums? How are reproductions of music symphonies handled legally?
What is the lowest online U.S. price for that drug? If the online price (with shipping) is cheaper, why don't you (they) buy it online?
Given that the cost of dispensing them is about $5 to $10 per prescription, how much would you expect the drug to sell for?
What does each of these examples likely imply about fixed costs and variable costs? What do they likely imply about costs of production versus costs of selling?
What do you suppose was Monsanto's strategy for Roundup in the short run? In the long run?
One of the things that is slowing the development of nanotechnology is the legal morass of patents. What is the advantage of prizes over patents?
In the 1980s and the 1990s farmers switched from small square bales, which they hired students on summer break. What is the likely reason for the switch?
A competitive firm gets $3 per widget. A worker's average product is 4 and marginal product is 3. What is the maximum the firm should pay the worker?
How does social mobility in the United States compare to that in Britain? Why do you think this is so?
What would the Lorenz curve for lawyers, represent? Why are we concerned with the distribution of income between whites and blacks, but not between redheads?
Which proposal would you adopt? If the price of labor rises to $14, how will your answer change?
How has the median income of women compared to men changed since 1980? What do you think is the cause?
What effect would this change have on incentives to work? Would this system be fairer than our current system? Why or why not?
How much do taxes and transfers cost the upper quintile? How much discretionary income should they be willing to invest to change this situation?
What do the Old and New Testament teachings suggest about what private individuals ought to do? (Religious)