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Nudge theory is mainly concerned with the design of choices which influence the decisions we make. According to the theory, what factors should we consider when designing choices?
The U.S. government bought 112,000 acres of land in south eastern Colorado in 1968 for $17,500,000. The cost of using this land today exclusively for the reintroduction of the black-tailed prairie dog
Firms A and B are duopolist producers of widgets. The cost function for producing widgets is C(Q) = Q2, with marginal cost MC = 2Q. The market demand function for widgets is Qd = 40 − 0.5P , where Q measures thousands of widgets per year. What are th..
The success or failure of economic policy with regard to the twin goals may be measured by the
How is culture of India reflected in idea of sacred cow. Illustrate what influence does this have on arts of India.
the average product of labor is 50 and the marginal product of labor is 75. The wage rate is $80 and the total cost of the fixed input is $500. What is the average total cost.
A business traveler to Germany who, upon deplaning in Berlin, uses an airport ATM to withdraw 100 Euros from her U.S. bank would receive which kind of exchange rate?
Explain how does the U.S. Government correct for this apparent market failure.
Select an industry or firm and state what is the market structure (pure competition, or monopoly, or monopolistic, or oligopoly).Define the characteristics of the industry or firm to support your selection of a market structure. Describe or illustrat..
elucidate how many popsicles will be sold each day in the short run if the price rises
What are the financial markets and what purposes do they serve? What are financial intermediaries? How do these intermediaries function in the economy? What is a federal government budget deficit? What is the national debt? How does a budget deficit ..
If a deposit outflow of $50 million occurs, which balance sheet would a bank rather have primarily or the following balance sheet.
An oil and gas XYZ company expects to produce 200,000 barrels of oil in time to deliver it on March 1, 2015. The management needs at least $30,000,000 for the oil to pay salaries, pay back loans, invest into new equipment, etc.
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