In your opinion, will the economy be better off or worse off this year? Will the...

In your opinion, will the economy be better off or worse off this year? Will the stock market go up or go down ?

Expert Solution

Go up..

ekkarill92 answered 2 years ago

Does trade between the United States and Vietnam make the countries better off or worse off?...

Does trade between the United States and Vietnam make the countries better off or worse off? Imagine the USA can make 4,000,000 cars, 1,000,000 textiles, or some combination of the two, while Vietnam can make 150,000 cars, 950,000 textiles, or some combination of the two. Draw and label PPFs, calculate opportunity costs and label specialization as points A, and state and label an efficient, mutually beneficial trade as points B.

In your opinion, what will be better for the U.S. economy: A more open or less...

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1.) Existing producers are better off when barriers to entry exist for new producers, but consumers are worse off.

1.) Existing producers are better off when barriers to entry exist for new producers, but consumers are worse off. Because of these competing effects, it is ambiguous whether a market is more or less economically efficient when barriers to entry exist. (Please address both sentences.) 2) A producer can charge a price far greater than marginal cost so long as barriers to entry prevent competitors from entering the industry.

Are we better off because of the Agricultural Revolution? How did it make things worse on...

Are we better off because of the Agricultural Revolution? How did it make things worse on the human race?

ECONOMICS 1A: In your opinion, are you better off saving money or spending money? Why? Please...

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In your opinion, will the economy be better off or worse off this year? Will the...

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