Minimal answers 3 points. Part I. Basic Concepts 1. Draw a simple model of the market for labor.
Firms respond to our varied tastes with a plethora of goods - from clothing to cars.
Net present value. Analyze why using microeconomics. Stock brokers employ fundamental and technical analysis to make you money. Over the long run bonds offer the certainty of quarterly coupon payments, and so are preferable to much riskier investments in stocks. Model the output decision of OPEC, assuming that members act as one.