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Read the short explanation of the 4 basic types of economies. 1. Read the short explanation of the 4 basic types of economies. Research two of these types further. 2. Locate one journal article for each of your two chosen economic types. You need to focus on the Abstract, Introduction, Results, and Conclusion. For our purposes, … Read more

Write two page long (double spaced) report (at minimum) based on a recently published magazine This is the final report and the assignment requires students to write two page long (double spaced) report (at minimum) based on a recently published magazine, journal, newspaper article, a blog, a viewed video, readings from textbook, lecture materials, etc. … Read more

Draw the profit maximizing equilibrium for a monopolist with a standard U-shaped average cost curve Let the market demand for widgets be given by P = 50 – Q/20 and let the average and marginal cost of production be constant at AC = MC = $10. a. Find the equilibrium price, quantity, and amount of … Read more

What are the equilibrium price and quantity if the wage increases to $16/hr Suppose the demand for shoelace eyelets is represented by the equation: D = 60-p, where p is price, and that supply is represented by the equation S=10+2p-w, where w is the wage rate for eyelet factory workers. a) Assuming the market wage … Read more

Do you agree or not with the article that GDP is Broken Read the above article about GDP. Do you agree or not with the article that “GDP is Broken”? You do not have to answer all or any of the following questions. They are simply some things to think about. Is the purpose of … Read more