Questions
How is sustainable development directly related to the way environment is treated, and also explain why...

How is sustainable development directly related to the way environment is treated, and also explain why is poverty of developing countries often related to the unwise use of the environment?

In: Economics

EXPLAIN HOW TRADE RESTRICTIONS AFFECT EXCHANGE RATES, AND GIVE AN EXAMPLE

EXPLAIN HOW TRADE RESTRICTIONS AFFECT EXCHANGE RATES, AND GIVE AN EXAMPLE

In: Economics

Countries that are willing to tolerate an unusually high quantity of labor relative to their supplies...

Countries that are willing to tolerate an unusually high quantity of labor relative to their supplies of other factors would tend to export “labor -intensive” goods. Discuss using the Hechscher-Ohlin (H.O.) model.

In: Economics

Assume: a.     Market demand:  P = 100 -.5Q1 - .5 Q2 b.    TC1 = 4Q1   and TC2 = .25Q22 Make...

Assume:

a.     Market demand:  P = 100 -.5Q1 - .5 Q2

b.    TC1 = 4Q1   and TC2 = .25Q22

Make sure you show me all of your computations (TR, TC, and your partial derivatives).

You will be using the same data for the Cournot and Cartel problem.  Find the quantities for both firms in both market types that maxes profit.  As a stretch question how much profit does each Cournot firm make and what is the joint profit for the cartel.

In: Economics

Globalization is a revolution that rivals the Industrial Revolution in scope and significance but has taken...

Globalization is a revolution that rivals the Industrial Revolution in scope and significance but has taken place over a few decades rather than over a century which effect to complex result to the extent of defeating the already achieved developments. Discus the advantages and disadvantages of globalization and also illustrate the countries that affects most and why?

In: Economics

What mix of ownership, location, and internalization advantages would encourage a company to hire Borderfree?

What mix of ownership, location, and internalization advantages would encourage a company to hire Borderfree?

In: Economics

The demand curve for karate training in a community with only two martial arts schools is...

The demand curve for karate training in a community with only two martial arts schools is P = 100 – Q, where Q is in student-lessons. The cost of providing an additional student-lesson is $8/lesson. Complete the table below for the four cases described in a-d. There are no fixed costs.

a) Both schools get together and collude to price fix at a profit maximizing level.

b) Both schools assume that the other will hold the present tuition constant despite what the competition does.

c) Both schools assume that the other will hold the present enrollment constant despite what the competition does.

d) School 1 believes school 2 will adjust to its new profit maximizing solution each time school 1 adjusts its enrollment strategy. (Show calculations below.)

Q of School 1 Q of School 2 Price ($/lesson) Profit of School 1 Profit of School 2
A
B
C
D

In: Economics

To what extent has game theory improved our understanding of how the market structure is formed...

To what extent has game theory improved our understanding of how the market
structure is formed and how it evolves? Discuss and explain. How can we
characterize market structure in a meaningful way? Be sure to also discuss the
conceptual issues, especially those pertaining to oligopoly, price coordination, and
collusion.

In: Economics

Find a typical work fro both the Impressionist and Post-Impressionist movements. One each. Explain what these...

Find a typical work fro both the Impressionist and Post-Impressionist movements. One each. Explain what these movements are and compare and contrast the two works. Please use your own words concerning the elements and principles of design and art. What makes them different?

In: Economics

2."Even though the Great Recession officially ended, the unemployment rate is still considered high." Discuss.

2."Even though the Great Recession officially ended, the unemployment rate is still considered high." Discuss.

In: Economics

You have an Excel file attached to this link. You are to first transpose the data...

You have an Excel file attached to this link. You are to first transpose the data so that, instead of being in the horizontal format, it will be converted to the vertical form. Then to run a Multiple Regression and see which of the independent variables are significant and whether the overall model is significant. You also should be able to comment on the goodness of the fit. All of these require that you have thoroughly watched the video lectures on Multiple Regression first.

y 1786 2146 2358 2218 2038 2456 1624 2386 1966 2562 2312 2064 1712 1956 2034 2182 2096
x1 27 32.8 36.6 34.8 31.4 37.6 26.1 36.2 41 37 36.2 32.3 44.1 28.4 28.8 40.6 40.3
x2 7 7.7 7.4 13.2 16 10 4.5 11.6 7.1 9.7 12.7 14.8 6.9 11.4 6.4 7.4 6.4
x3 284 509.04 692.96 602.24 448.56 746.16 255.11 672.24 942 714 672.24 486.99 1140.71 332.16 346.64 917.76 899.79

In: Economics

Explain CLEARLY a minimum of 2 theories that the Thomas Robert Malthus developed that had significance...

Explain CLEARLY a minimum of 2 theories that the Thomas Robert Malthus developed that had significance to the field of economics.

In: Economics

What were Maynard Keynes' economic perspectives? Do you agree/disagree?

What were Maynard Keynes' economic perspectives? Do you agree/disagree?

In: Economics

Talk about some interesting facts about Thomas Robert Malthus.

Talk about some interesting facts about Thomas Robert Malthus.

In: Economics

Consider the following data, answer the question below: Year Nominal GDP GDP Deflator (Base year =...

  1. Consider the following data, answer the question below:

Year

Nominal GDP

GDP Deflator

(Base year = 2010)

2012

646

104

2013

662

107

Calculate Real GDP in 2012

2) Given the data below calculate Nominal GDP, Real GDP, and the GDP Deflator using 2010 as the base year.

Year

Price of Ford Mustang

Quantity of Mustangs Sold

Price of Mountain Bike

Quantity of Mountain Bikes sold

2010

$31,000

6000

$325

200

2011

$33,000

6300

$350

225

2012

$30,000

5500

$365

250

                                                      2010               2011               2012              

Nominal GDP Calculation                    _______        _______        _______

Real GDP Calculation              _______        _______        _______

GDP Deflator Calculation

In: Economics