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A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign. Describe the production function for campaign votes. How might information about this function (such as the shape of the isoquants) help the campaign manager to plan strategy?
A local government has five parcels of land and would like to rent these parcels to three different farmers. The profits for the three farmers when a different number of parcels are allocated are shown in the following table.
What is the equilibrium wage and employment if the labor market is competitive?
Derive the "Maximum Differentiation Principle" by using original Hoteling duopoly model with quadratic transportation cost in distance.
Suppose the cross-price elasticity of demand between goods X and Y is -5. How much would the price of good Y have to change in order to increase the consumption of good X by 50 percent?
Using suitable diagrams and appropriate assumptions, Describe why two indifference curves cannot intersect.
don masters and two of his colleagues are considering opening a law office in a large metropolitan area that would make
Discuss how anti-trust laws promote competition and what might be done to improve existing anti-trust laws. Provide specific examples to support your response.
Describe the impact of these fiscal policies on the U.S. economy. Describe the impact of these fiscal policies on your team's selected organization.
like supermarkets, full service department stores like macy's are generally in decline. what factors might these types of stores have in common behind their declines how would you determine which were important and which were not
Presume that a firm has its policies determined by a manager whose objective function is to maximize sales, i.e. revenues, without letting profit drop below some fixed level, m. Let R(y,a) denote firm's revenue when the level of production is y and t..
The company is in a 35% tax bracket. Which system should be selected if they both help produce the same expected profits over the life of the investment?
Can you help explain more how you believe our tax dollars fund the economy?
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