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There are two firms in the market supplying identical products. The industry market demand is given by P(Y ) = 10-Y , where Y = y 1 + y 2 . Both...
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how each of the following people would talk about scarcity and trade-offs. (a) the President of the United States (b) the leader of a developing...
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QUESTION 17 You are interested in performing a comprehensive economic analysis of the market for the new Mortem 1S, a floating hoverboard.
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if you buy a car for $100 down and $100 a year, what is the present value at a 5% rate.
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Question 1 George Washington created the first Cabinet. True False . Question 2 George Washington's greatest precedent was that he left office after...
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Suppose two neighborhoods with 10 homes each in Buffalo, New York are identical except one of them is near a toxic waste dump.
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oject cost important for the success of the project? What are some key components to monitor the health of the project, as it relates to earned value?...
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Consider an innite-horizon groundwater management problem where mt is the stock of groundwater at time t, 3;, is the quantity of groundwater...
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The confidence in a country's legal system, as well as political stability within its boundaries, not only affect its exchange rate through trade,
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In exchange for a share in the revenues earned on campus, State U has granted CheapFizz the exclusive right to sell soft drinks in the student union...
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(i) Demand function for air travel between the U. and Europe has been estimated to be ln Q = 2.737 - 1.247 ln P +1.
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If you use money as a store of value, you would be A. buying a new pair of shoes B. putting money in your college savings account C. charging a new...
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Two firms can either reduce their rice or keep them at present level, if a firm A cuts prices, it will earn 10 million profit if firm B also cuts
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Do you think it is a problem that the US has a relatively low savings rate (When answering this question, you need to talk about national savings...
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suppose an increasing-cost industry is in both long-run and short-run equilibrium. Explain what will happen to the following in the long run if the...
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With reference to the theory of the consumer (demand, elasticity and utility) and the theory of the firm ( costs and market structure). Is the "Free
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In a recent 60 Minutes Story on technological unemployment, a plant manager at Amazon said that "Each [robot] can produce the same amount as 1...
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This is about perfect competition: Each of 10 firms in a given industry has the costs given in this table:
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1. What variables other than price appear to have the biggest impact on the demand for McDonalds products? How much influence does the company have
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"Diminishing marginal utility explains a lot about human behavior. For example, it helps illuminate why diets fail, romances fade, too much exercise...
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Pricing Strategies A business can produce its product in different versions: Version A has a basic design and a lower cost and Version B has an...
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On the Wall Street Journal article - "Tax Reform Will Give Workers a Raise", the author argued that the tax reform proposed by the Trump...
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(Resource Demand and Supply) Answer each of the following questions about the labor market: a. Which economic decision makers determine the demand
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hello there. i have an assignment that i need you to do for me due to my lack of understanding in economics please see the attached files for more
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Consider the utility function U(x, y) = 1 - [(1-x)^2]/2 + ln (x) + ln (y), where x, y 0. Fix a utility level U bar 0.
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Total government demand is P = 750 - 8P and all five firms produce at a constant marginal cost of $50.
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Although GDP per capita is the most commonly used measure of a countryacirc;s success, many economists believe it does not give an accurate measure...
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Identify and explain one advantage and one disadvantage in using supply-side policy tools rather than demand-side tools to combat the effects of a...
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CoordinatES:00, 20.00) Demand Marg Revenue Marginal Cost Average Cast Unregulated Eq Regulated Eq Unregulated CS Additional CS Unselected 'Snapping a...
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The following data give the selling price, square footage, number of bedrooms, and the age of the houses that have sold in a neighborhood in the past...
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Final Assignment Due May 7th at 5:00 pm . Use the following information to develop a full recommendation of action ; this would include two possible...
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The company I work for charges $60 for a boardgame we invented and has sold exactly 3000 copies last year. Elasticity for the game is three. Please...
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mary is willing to pay $50 for a christmas tree, john is willing to pay $45 and Jeff is willing to pay $40. The price of a tree is $40.
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Assume that the market for beef is perfectly competitive. Beef producers are currently earning a zero economic profit.
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If competitive industry Z is making substantial economic profit, output will:
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What are the economical problem a nation would face with deflation? What are measures that a country can adopt to combat deflation?
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Explain how and why the relative tax burdens on consumers and producers would be different for the following taxes: A tax on all beverages; a tax on...
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There are two goods in the economy, anchioves (a fish) and bananas (a farm product).
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You had been offered a full time job with a salary of $80,000 per year and y ou are currently running your own small business with annual revenue of...
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Pick a news article from a major newspaper (Wall Street Journal, New York Times, Economist, Business week etc. Please remember you cannot use blogs...
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You've been hired as a managing consultant by an unprofitable firm to determine whether it should shut down its operation. The firm currently uses 70...
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Roy Rogers, the lead broker at C-U Broke (a local estate brokerage firm) is interested in identifying whether there is a difference in the number of
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here are the two questions 1-Develop two MB-MC frameworks for both defense goods and civilian goods.
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Federal Reserve Notes in circulation=$850 Money market mutual funds (MMMFs) held by individuals =400 Corporate bonds=300 Iron ore deposits=50
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The Army pays soldiers a salary of $2000 per month. Suppose that all soldiers have the same utility function U=HY, where H is the quantity of housing...
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need help for managerial economics
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WSP is a profit maximizing publisher of Shakespeare works. They are the only publisher of such works and are a monopolist. There are two types of...
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Problem 6 The federal government increases spending by $1 billion to develop a new fighter jet. If the MPC in the economy is 0.1, what will be the
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Problem 4 Suppose the government increases education spending by $20 billion. How much additional consumption will this increase cause?
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Question 1 Not yet graded I 10 pts Expected Return Standard Deviation Stocks fund (5) 10% 20% Bond fund (B) 4% 10% Tbill 2% The correlation between
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