Lyric relationship to economics

Really quick question: Can you please help me understand how this relates to economics: You load 16 tons, and what do you get? You get another day older and deeper in debt. Saint Peter, don't you call me, 'cause I can't go. I owe my soul to the company store?

Indusry Structure

Industry structure is often measured by computing the Four-Firm Concentration Ratio. Suppose you have an industry with 20 firms and the CR is 30%. How would you describe this industry? Suppose the demand for the product rises and pushes up the price for the good. What long-run adjustments would you expect the following this change in demand? What does your adjustment process imply about the CR for the industry? Now consider that the industry has 20 firms but the CR for the industry is 80% instead of 30%. How would you describe this industry? What are some reasons why this industry has a high CR while the other industry had a low CR? Is it possible for smaller firms to thrive and p... click for more

Monetary Policy

How do the tools of monetary policy such as open market operations, the discount rate, and federal funds rate work their way through all other market rates?

Optimal input choice

A company uses 400 printers & 200 printing presses to produce insurance binders. A printers wage rate if $20 & the printing press price is $5000. The last printer added 20 binders to total output while the last press added 1000 binders to total output. Is this company making the optimal input choice? Please explain answer. If not, what should they do to adjust input usage? If fixed costs of 100 is $130, would fixed cost of 200 be $260 or can this be determined by the information provided?

Labor market flexibility (with reference to EU15 countries since 1980)

This is a question from a past exam paper on Economics in the EU. Does labor market flexibility raise employment levels? Discuss in relation to experiences of EU15 countries since 1980 (Either analysis of one/two countries or cross-section analysis across EU15 pre-2004 economies)