by 1993, nations in the european union(EU) had eliminated all barriers to the flow of goods, services, labor, and capital across their borders. Even such things as consumer protection laws and the types of plugs required to plug in appliances have been standardized to ensure that there will be no barriers to trade. how do you think this elimination of trade barriers affected EU output?

Respond to the following question with three well composed paragraphs:

Does the fact that something is abundant mean it is not scarce in the economic sense? Why or why not?

can the climate and economy go against each other ?

need 1000 words please

The nation of Leisureland can produce two goods, bicycles and bowling balls.

The western region of Leisureland can, if it devotes all its resources to bicycle production, produce 100 bicycles per month. Alternatively, it could devote all its resources to bowling balls and produce 400 per month—or it could produce any combination of bicycles and bowling balls lying on a straight line between these two extremes.

The eastern region of Leisureland can, if it devotes all its resources to bicycle production, produce 400 bicycles per month. Alternatively, it could devote all its resources to bowling balls and produce 100 per month—or it could produce any combination of bicycles and bowling balls lying on a straight line between these two extremes.

Respond to the following questions (you may want to construct a graph in order to help with your answers – you are not required to present a graph):

a)    What it is the opportunity cost of producing an additional bowling ball measured in terms of forgone bicycles in western Leisureland?

b)    What is the opportunity cost of producing an additional bowling ball measured in terms of forgone bicycles in eastern Leisureland?

c)    Explain the difference in opportunity cost between western and eastern Leisureland. Which region has a comparative advantage in producing bowling balls? Bicycles?

d)    Suppose it is determined that 400 bicycles must be produced. How many bowling balls can be produced?

e)    Where will these goods be produced?

After all of your glorious battles against the common enemy, you finally decide to retire from hack & slash and live peacefully for the rest of your life. You decide to deposit some (1000 gold) of your hard-earned gold to a bank that earns you the most interest for a 20-year period. You have three options to choose from: Bank of Orgrimmar, Bank of Stormwind and Bank of Ironforge. Each of the banks have different payment plans to choose from as given below: Bank of Orgrimmar: Deposit 50 gold at the end of each quarter for the first 5 years. Then, for the next 15 years, the bank suggests a rate of 5% compounded quarterly. Bank of Stormwind: Deposit 1000 gold now (year 0), then for the next 20 years the bank suggests a rate of 3% compounded annually. Bank of Ironforge: Deposit 100 gold at the end of each year for the first 10 years. Then for the next 10 years, the bank suggests a rate of 8% with a continuous compounding. Which bank should you deposit your gold? Propose your own counteroffer to any bank you favor the most (you may offer to change the interest periods, payment periods or interest rates. Be realistic in your counteroffers!)

In 2002 a U.S. court of appeals imposed remedies relating to a lower court’s findings that Microsoft had a monopoly in personal computer (PC) operating system and had maintained its monopoly through illegal actions.

At the U.S. Justice Department’s Web site, www.usdoj.gov,

Click on the Agencies on the top of the window,

Click on Antitrust Division and then on website

Click on Antitrust Case Filings

Find U.S. vs. Microsoft case filings.

Scroll down to District Court filings and find Findings of Fact

In the list of Findings of Fact find Court’s Findings of Fact (11/5/99).

In your initial response to the topic you have to answer all questions:

1. On what basis did the court conclude that Microsoft was a monopoly (see “Market Share”)?
2. What was Microsoft’s market share of Intel-compatible PC operating system? Of all operating system, including those of Apply computers?
3. What evidence did the court cite in claiming that Microsoft charged above-competitive prices (see “Microsoft’s Pricing Behavior”)?
4. Reflection – the students also should include a paragraph in the initial response in their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace.

Research your local community for industry experts that you could consult and source information from to better your practice. This includes specialist or external providers. List three providers or specialists and provide a summary of their services along with an explanation of the type of information that they could provide you. (50–80 words each)

1-Create a Venn diagram, where you compare and contrast at least 3 characteristics of oligopolies and monopolies.

2- Explain two benefits that could arise with the existence of specialized brands.

3- If a group of sellers can form a poster, what quantity and price would you be trying to establish?

4- why are antitrust laws so controversial?

Consider the following three mutually exclusive investment project alternatives (A, B, C). Use the annual worth analysis (AW) to determine the best investment alternative assuming MARR=15%.

Project name:                                        A                    B                    C

Cash Flow (Year 0):                                    -200,000        -300,000        -400,000

Cash Flow (Year 1-N)                     +150,000       +180,000       +150,000

Salvage value at year N:                +30,000         +50,000          +60,000

Project Life (N):                                    2 years         3 years          6 years

Answer the following questions: a) Draw a production possibilities curve showing the number of apples and pears that one person can pick in a given time period.

(i) Show efficient, inefficient, and impossible levels of output.

(ii) Why does the curve slope downwards?

(iii) What does the model tell us about the principle of opportunity cost?

(iv) Explain why a combination of apples and pears (i.e. a level of output at a middle point along the curve) gives you more fruit that if you had picked only apples.

(v) Why is the curve not a straight line? b) Ada, Brenda and Cathy are good friends since high school. All of them have just completed a degree in Business Administration. Brenda is an average student in both management and marketing. Ada is a top student in marketing and is only okay in management. However, Ada is still better than Brenda in both areas. Cathy is good in management but very poor in marketing.

You’ve been asked to calculate the equivalent annual benefit (EUAB) of a new machine.The initial cost is $100,000; use full life is 10 years; and salvage value is $10,000. The new machine is expected to reduce operating costs by $24,000 per year. Assume MARR of 10% and 40% tax bracket.You a real ways thorough and you plan make three calculations. PartA:NPV that does NOT include tax or depreciation.PartB:NPV includes the 40% tax,but NOT any depreciation. PartC:NPV that includes 40% tax after straight-line depreciation.

Why are stolen goods that are sold to a bona fide purchaser returned to the original owner, but goods that are obtained by fraud that are sold to bona fide purchasers stay with the purchasers? Explain and justify the difference.