Suppose Canada can produce 20 units of Oil and 0 units of potatoes if it chooses to only produce Oil. Otherwise, Canada can produce 50 potatoes and 0 units of oil if it only chooses to produce potatoes. The United States on the other hand can produce 25 units of oil (and 0 units of potatoes) if it choose to produce only oil and 100 units of potatoes and 0 units of oil if it chooses to produce only potatoes.

A.) What is the opportunity cost of 1 potato for the U.S.? For Canada?

B.) What is the opportunity cost of 1 oil for the U.S.? For Canada?

C.) Who has the absolute advantage in the production of Oil? Potatoes?

D.) Who has the comparative advantage in the production of Oil? Potatoes?

E.) Suppose the U.S. has decided to be self sufficient and is producing 10 units of oil and 40 units of potatoes. Is there anyway that the U.S. increase its consumption of goods outside its production possibilities frontier (for example, consume more potatoes without changing the consumption of oil)?

How do businesses operate differently based on the market structure they fall in?

7. (TCO E) The City of Champions has a referendum that will go before voters to build the best football stadium in the world. The ballot calls for the voters to approve or disapprove a 6% sales tax increase to construct the new stadium. The stadium is estimated to cost $800,000,000, and this cost is detailed in the narratives of the referendum. Once the $800,000,000 is raised for the stadium construction, the stadium sales tax will be terminated, and any repairs and maintenance will be funded by proceeds from ticket sales, concessions, and other venues within the stadium.

A. What standards of equitability apply in this case?

B. Describe each standard and explain why it applies and whether the standard has been violated.

NEED ANSWER ASAP

Q1. How might Salaries in the NFL change after a strong economic recovery? Use a labor market model to justify your answer. Explain why the curves moved the way they did.

Answer the following questions, please be thorough in your response.

1.Why do you think that moral hazard exists in insurance markets and how can it be reduced?

2 Discuss an example of market failure and whether the government has been effective in implementing policies to correct it.

3 Give an example of a positive and negative externality and what regulations the government would use to correct the negative externality?

4 Choose a product protected by intellectual property rights. Discuss the advantages and disadvantages of that product being protected.

I’ve got a three part question:

(a) As a response to the recent COVID-19 outbreak, the Commonwealth Government put in place lockdown restrictions. Using the dynamic AD-AS framework, analyse and demonstrate the impact of the COVID-19 pandemic on the level of output (or real GDP), unemployment, and inflation.

(b) In response to the COVID-19 pandemic, in March 2020 the Commonwealth Government announced a fiscal stimulus which included income support for workers and businesses hit by the pandemic. Using the same dynamic AD-AS framework used in part (a), explain and illustrate the effect of the fiscal stimulus on the level of output (or real GDP), unemployment, and inflation.

(c) Using the same dynamic AD-AS framework used in part (b), show what the impact of the fiscal stimulus would have been if Australia had no interactions in trade or finance with other economies (i.e. if Australia was a closed economy).

1. A commercial bank’s T-account in 2020 is shown as below: Table 2: T-Account for Bank A in 2018 Assets Liabilities plus Equity Loans: $ 800 Deposits: $900 Securities: $ 100 Borrowings: $0 Cash Reserves: $ 60 Equity: ?

The bank pays 8% for the bank deposit to the depositors; the average interest rate on the loans is 15%; the cash reserves does not pay any interest; and the returns to its securities is 10%.

(1) Calculate the value of equity, the value of capital ratio and the leverage ratio?

(2) Calculate the return on equity.

(3) Calculate the capital ratio and return on equity again if deposits is 800 and more equity is used to finance for the assets? By comparing your answer with

(2), when equity increases, whether the return on equity would increase or decrease?

William Tecumseh Sherman's "March to the Sea" cut a swath of destruction across the South and helped break the Confederate spirit. Were his total-war tactics morally justifiable then (in 1864)? Would his total-war tactics be morally justifiable today (in 2019)? And can a person, in good conscience, hold contradicting opinions on these two questions?

A mobile phone sales company is considering using forced ranking or behaviourally anchored rating scales for its sales employees. Discuss which of these would be the most suitable performance measure they should use. In your answer, consider the advantages and disadvantages of each and how the measure could influence employee’s performance.(750 words)

Incentives matter. Explain why businesses and entrepreneurs are more likely to voluntarily undertake the projects that consumers value highly relative to price and less likely to undertake the government-sponsored projects in which the per-unit cost of production is above the price consumers willingly pay.

A large fashion retailer, FashionCo, is experiencing decreased sales and wants to improve the performance and productivity of its salesforce. Discuss the most effective reward strategies that FashionCo could use to help motivate employees and improve performance. In your answer, consider total rewards and compare the appropriateness of individual versus collective rewards, in this setting. (750 words)

If you were the leader of a union during collective bargaining for a labor contract, which type of bargaining would you use? Would your approach be designed to get the best outcome for your workers or to be the most fair?

The situation is the worst economic crisis in Venezuela's history, and among the worst in the world since 2014. ... The crisis intensified under the Maduro government, growing more severe as a result of low oil prices in early 2015, and a drop in Venezuela's oil production from lack of maintenance and investment.

Explain all types of unemployment and link the current situation

Explain the concept of wage rigidity and unemployment, draw the diagram and link with the current situation of Venezuela

What types of unemployment are good for the economy and why?

Firm Abs will incur $5,000,000 in initial capital outlays in Year 1, $3,000,0000 in Year 2 and $1,000,0000 in Year 3. Since the company does not expect to be able to produce or sell its product until Year 2, it will not incur any labor and materials cost in Year 1. Based on marketing research and forecasting tools, Firm Abs to sell 6,000 units in Year 2 at a price of $320 and then expect that quantity to double in Year 3 and remain at that level in Years 5. However, they anticipate that the price will gradually reduce to $300, $270, and $240 in Years 3-5.

a. Calculate the costs and revenues over the five-year period without taking into the time value of money. What is the net profit of undiscounted costs and revenues?

b. Now calculate the net present value under the following scenarios and compare to your answer in a.

i. Calculate the net present value using discount rates of 10, 8, and 6 percent. Show your work.

ii. What would be your decision given your answers in i and ii? Explain. iii. Regardless of your answer in

iii., assume that your company decided to go forward with the investment. What would be the relevant costs to consider when deciding whether to shutdown at the beginning of Year 3? Year 4? Year 5?