math
Third one is wrong.!! right answer????
ECONOMICS
Economists often view life cycle variation in income as one form of transitory variation in income around people's lifetime or permanent, income. In this sense, how does your current income compare to your permanent income? Do you think your current income accurately refle...
ECONOMICS
College students sometimes work as summer interns for private firms or for the government. Many of these positions pay very little or nothing. What is the opportunity cost of taking such a job? Explain why students might be willing to take such jobs. If you were to compare the...
ECONOMICS
Imagine a firm that hires two types of workers: some with computer skills and some without. If technology advances so that computers become more useful to the firm, what happens to the marginal product of the two types of workers? What happens to equilibrium wages? Explain.
ECONOMICS
There are two ways to protect your car from theft. The "club" makes it difficult for a car thief to take your car. Lojack makes it easier for the police to catch the car thief who has stolen it. Which of these types of protection conveys a negative externality on oth...
ECONOMICS
that doesnt really help me out with the question, but thanks
ECONOMICS
Thirty years ago, the market for chicken was perfectly competitive. Then, Frank Perdue started marketing chicken under his own name. How do you suppose Perdue created a brand name for chicken? What did he gain from doing so? What did society gain from having brand name chicken...
ECONOMICS
Among perfect competition, monopolistic competition, oligopoly, and monopoly, how would you classify the markets for each of the following drinks ? Tap water Bottled water Cola Beer
ECONOMICS
Singer Taylor Swift has a monopoly over a scarce resource: herself. She is the only person who can produce a Taylor Swift concert. Does this fact imply that the government should regulate the prices of her concerts? Why or why not?
economics
Bob's lawn mowing service is a profit-maximizing competitive firm. Bob mows lawns for $27.00 each. His total cost each day is $280 , of which $30 is a fixed cost. He mows 10 lawns a day. What can you say about Bob's short-run decision regarding shut-down and long-run d...
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