Based on readings from current news sources and your understanding from the text and readings, why is Brexit a major economic event and what is theSeptember 3, 2020
In the cost, demand and marginal revenue curves for the monopolist, where the monopolist’s production cost is proportional to output and the averageSeptember 3, 2020
150 words minimum.
- Economists argue that successful business depends on creating sustainable and effective supply and demand networks. If you own (manage) a business, how do you create effective demand and effective supply to maximize profit?
- There are pros and cons of relying on various policy instruments. Assume there is a proposal to raise tax revenue in order to make workers better off. The proposal includes raising the payroll tax paid by firms to use part of the extra revenue to reduce the payroll tax paid by workers. What are its pros and cons? Explain.