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Question Subject Due Date No. of Tutorials Closed Price
Monopoly - Pharmaceutical companies are often accused
Monopoly. Pharmaceutical companies are often accused of exploiting the sick and vulnerable to earn huge profits on their patented drugs, because the physical cost of producing these drugs are only a f …
Economics / Microeconomics 2017-07-08 1 Yes $6.00
Assume that the marginal cost of each H1N1 flu shot
If you get the H1N1 Flu vaccine, not only are your chances of getting sick reduced, but you being healthy also benefits the people you interact with on a daily basis.Assume that the marginal cost of e …
Economics / Microeconomics 2017-07-08 1 Yes $12.00
Carbon dioxide (CO2) is emitted when drivers use petrol
Carbon dioxide (CO2) is emitted when drivers use petrol to power their cars. CO2 emis- sions are a negative externality of petrol use, as they contribute to global warming. One way to correct this mar …
Economics / Microeconomics 2017-07-08 1 Yes $15.00
consider a production possibilities curve for an economy
consider a production possibilities curve for an economy that produces farm goods and factory goods. It van produce the combinations listed on the table. Notice it the economy produces more farm goods …
Economics / Microeconomics 2017-07-08 1 Yes $6.00
The cost of a new smart phone is in the research
3) Long-run competition. Much of the cost of a new smart phone is in the research and development and in building manufacturing facilities. By contrast, the marginal cost of producing another phone is …
Economics / Microeconomics 2017-07-08 1 Yes $17.00
Suppose chocolate bars and marshmellows are compliments
1. Suppose chocolate bars and marshmellows are compliments for each other. If the price of marshmellows decreases, then the new competitive equilibrium for chocolate bars occurs wherea) the original s …
Economics / Microeconomics 2017-07-08 1 Yes $8.00
Vaccines - How efficient markets can be in allocating
Vaccines: To do or not to do - that is the question...So far we have talked about how efficient markets can be in allocating resources; however, there are circumstances where markets don't produce or …
Economics / Microeconomics 2017-07-11 1 Yes $7.00
A price floor is - a legal maximum price
A price floor is: A. a legal maximum price. B. a legal minimum price. C. a legal maximum quantity that can be sold at a particular price. D. a legal minimum quantity that can be sold at a particul …
Economics / Microeconomics 2017-07-11 1 Yes $10.00
financial incentives scenario
An entrepreneur has a venture that will make either $100M or $0. The chance that this venture will make $100M depends on the effort level expended by the entrepreneur: If she tries hard, the change of …
Economics / Microeconomics 2017-07-18 0 Yes $15.00
The steel industry has been lobbying for high taxes
The steel industry has been lobbying for high taxes on imported steel. Russia,Brazil, and Japan have been producing and selling steel on world markets at $610per metric ton, well below what equilibriu …
Economics / Microeconomics 2017-07-21 1 Yes $12.00
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