Real world factor role in competition
Problem: Explain a real world factor that plays an important role in competition.
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Using the concepts of marginal costs and marginal revenues, explain why economic profits are maximized where marginal revenue equals marginal cost and why profits decline if the price is above or below the profit maximizing price.
Problem: Suppose that the following table describes prices, incomes, and per person lobster consumption in three U.S. cities.
A South America country with fixed exchange rate system has close economic ties with the USA symbolized by extensive trade and unrestricted flow of capital between the two countries.
Would an economists say that the burden of the FICA tax is shared equally? Why or why not? Who bears more of the tax burden? Workers or employers? Use supply and demand curves to illustrate your answer.
I am in the process of writing a 2000 word paper that provides an economic profile of the oil industry.
Suppose that the government imposes a tax on this industrial compound. Draw a correctly labeled graph showing the effects of this tax on the price and quantity of this industrial compound.
What are the effects on American wages and purchasing power of the continued outsourcing of labor overseas. What are some of the reasons for these trends. What effect has this trend had on the American workforce; especially the working class?
Problem: Using such areas as manufacturing and information technology or any related industry/areas that have had high job growth rates explain a scenario that would cause a shift in labor supply and demand.
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Why does victor coin the term hyper-violence instead of just using violence? And second, how is hyper-violence display in the Oakland community?
Question: Which of the following statements about sociological approaches are true?
"Gender inequality is not some accidental, hit-or-miss affair. Rather, each society's institutions work together to maintain the group's particular form of
Question: Examine gender inequality on a global scale, considering how factors such as globalization, colonialism
Staying with Nigeria, rewind the year to 1950. Using the +5 year control, fast forward in 5 year increments until you reach 2020.
How is it rational for the owner of a factory or plantation to work his laborers to death or disability when they can easily be replaced cheaply?
Based on the chapter by Allen Furr on the sociology of mental illness, How do sociological models help you understand mental illness differently