8. Agreement and disagreement among economists Suppose that Shen, an economist from a consulting firm, and Valerie, another economist from a university in Florida, are both guests on a popular science podcast. The host of the podcast is facilitating their debate over health insurance. The following dialogue represents a portion of the transcript of their discussion: Valerie: A popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. Shen: I think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. Valerie: I disagree. I think government funding of health insurance is useful to ensure basic fairness. The disagreement between these economists is most likely due to differences in values differences in scientific judgments differences between perception versus reality Despite their differences, with which proposition are two economis Business managers can raise profit more easily by reduc Central banks should focus more on maintaining low une Ⓒ Employers should not be restricted from outsourcing work to foreign nations.

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Can someone please explain the answer to 5?

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in 2020, during the Covid 19 pandemic, many retail store chains, including J.C. Penney, Abercrombie & Fitch, and L Brands closed some of their stores. An article in the Wall Street Journal quoted a marketing analyst as recommending that rather than close stores, "A healthier approach would be to sell fewer items and charge more for them." Source: Suzanne Kapner, "Retail Chains Shed Stores, but It Isn't Good for Business," Wall Street Journal, November 16, 2020. a. Does the marketing analyst believe that the demand for the clothes these stores sell is price elastic or price inelastic? The marketing analyst apparently believes that the demand for the clothes these stores sell is price

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Consider the scenario. Explain using written and graphical analysis What will happen in the market for tomatoes if a new study is released that showsthat pesticides used on tomatoes contain cancer forming agents.

Econ 444-02 (Corporate Economics), Fall 2015Problem Set #2Due in class Thursday, September 24Problem 1. Alice and Barbra sell used CDs at music festivals. Each is decidingwhether or not to set up their booth at the last festival of the summer. The festivalis scheduled to take place in Alton, very near where Alice lives. It will cost her only$30 to travel the festival. Barbra is farther away, and it will cost her $100 to travelto Alton. Both Alice and Barbra would prefer to be only CD sellers at the festival,since they would avoid competition. If only one seller is at the festival, she will make$150 during the day (not counting travel costs). If both Barbra and Alice sell CDsat the festival, they will lower their prices and each make $50 during the day. BothAlice and Barbra receive $0 for not attending the festival.1. Draw the Normal Form of the game Alice and Bob are playing, be sure to labelthe game completely.2. Does either player have a dominant strategy? If so, what is it?3. List…