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Derek consumes only rackets and tennis balls. His utility function is U(x,y)=x^2y^8, where x is the number of rackets consumed and y is the number of tennis balls consumed. Derek's income is $320, and the prices of rackets and tennis balls are $4 and $3 respectively. How many rackets will she consume?
Discuss in your opinion what you feel were the major positive and negative impacts of Big Business on the U.S. economy.
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
Discuss the incentive effects associated with this EMTR program regarding conclusion to join workforce
What would be the equilibrium price? What is the equilibrium quantity?
Sales are 3,100 at a price of $200 and 2,400 at a price of $300. Calculate the price of elasticities of demand using $200 as the base value; then use $300 as the base value. Calculate the arc price elasticity and compare the three calculations. How d..
Suppose that the government imposes a temporary tarpon all imports, which makes imports more expensive relative to domestic residents (reducing the trade balance for any fixed level of the real exchange rate). Discuss the implications of this policy ..
Explain how does price elasticity affect the price-quantity combination and segment of the demand curve that the monopolist would prefer for price and output.
q. firms a and b compete as cournot duopolists in the cola market. the demand and marginal revenue are given by p 200
The annual maintenance cost is estimated to be $100K. A major renovation at a cost of $50M is required every 100 years. What is the capitalized cost of the bridge at an interest rate of 5%?
question 1.1. demand for a company product is q400-0.5p and tc2000050q3qsquare total profit is maximized at output
q. transfers to the rest of the world 20loans to the rest of the world 60loans from the rest of the world?increases in
The largest loan that the bank can make on the basis of the new deposit. If the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit.
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