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The future of cities in the united states and in other countries will be determine by their abilities to benefit from the _____________ and to minimize or counterbalance the __________________.
Diverse population; greater returns to scale of illegal actives
Economies of agglomeration; corresponding diseconomies
Economies of scale; agglomeration factors
Constant returns to scale; market –orientated system
The text noted that money performs three basic functions. Select one of these functions and describe the ways rapid inflation could undermine money's ability to perform the function you selected.
q.the husband of miss young is a monopolist with constant marginal costs of 50 that can sell to three groups of
Suppose after submitting your sealed bid in a Vickery austion you find out that they have lost the auction(you were not the highest bidder); However, you have the opportunity to revise your bid. Would you go ahead and change your bid? Why or why n..
Based on the production function parameter estimates reported in Table 7.4: a. Which industry (or industries) appears to exhibiting constant returns to scale? (Ignore the issue statistical significance.) b. Which industry comes closest to exhibiti..
Subsequent forecasts were derived by using exponential smoothing with a smoothing constant of 0.25 using this exponential smoothing method, what is forecast for Whopper sandwich demand for Friday.
Compute GDP for Joe using both the product and income approaches and show how they must agree.
q. assume that the production function for all countries is given by y ak13. assume that the depreciation rate d and
Illustrate what entity establishes a cost ceiling and does it require government sanction for violators. Will it result in a surplus or a shortage.
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitute's one product for another. Use examples to illustrate.
Suppose a monopoly provides both Cable TV and broadband access in a city. The fixed costs are $1 million per day. The number of households (measured in millions) demanding cable is D1(p1) = 2-p1 (where p1 is measured in $/day). The demand for broadba..
As your client is intent on investing aggressively, you will want to include the "beta" associated with each instrument relative to the S&P 500 Index.
Illustrate what can you infer about the expected changew in the exchange rate between the Canadian dollare and the U.S. dollar.
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