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What is the difference between a B2B and a B2C buyer?
Suppose the book-printing industry is competitive and begins in a long-run equilibrium. Draw diagram describing the typical firm in the industry.
Tim's utility function is U(X,Y)=(X+2)(Y+1). Write an equation for Tim's indifference curve that goes through the point(X,Y)=(2,8). Suppose that the price of each good is one and that Tim has an income of 11. Write an equation that describes his budg..
Suppose market demand for a product is given by the equation P = 20 – Q. For this market demand curve, marginal revenue is MR = 20 – 2Q. If the marginal cost of producing this good is 0, what quantity would a profit-maximizing monopolist produce? If ..
Compute the standard deviation of the return as a percentage over the coming year c) If the risk-free return is 7%, what is the risk free premium for a stock market investment?
Suppose Maria's preferences are represented by U(C,`) = 100ln(C) + 175ln(l) so that her marginal utility of leisure is given by 175/l, and her marginal utility of consumption, 100/C. She has 100 hours to split between leisure and work. If she wor..
Explain the difference between marginal coordination and market cooedination?
It is generally expected that an economic downturn will lead to an increase in inflation. Full employment output is defined as the output that can be achieved if everyone in the labor force has a job. According to the Keynesian model, injections will..
The government subsidizes a wide variety of programs intended to help the poor, including social insurance and poverty programs, such as income assistance programs. Which of the following are examples of social insurance? Check all that apply. Food s..
____________ measures the percentage change in the quantity of good x resulting from a percentage change.
q1. study plan problems and applications rain spoils the strawberry crop the price raises from 4 to 6 a box and the
In the Solow model, describe the effects of a permanent increase of foreign aid.
In competitive market the market demand is Q=60-6P and supply =4P
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