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Does eating broccoli reduce the risk of prostate cancer? According to an observational study from the Fred Hutchinson Cancer Research Center (see the CNN.com web site article titled "Broccoli, Not Pizza Sauce, Cuts Cancer Risk, Study Finds," January 5, 2000), men who ate more cruciferous vegetables (broccoli, cauli?ower, brussels sprouts, and cabbage) had a lower risk of prostate cancer. This study made separate comparisons for men who ate different levels of vegetables. According to one of the investigators, "at any given level of total vegetable consumption, as the percent of cruciferous vegetables increased, the prostate cancer risk decreased." Based on this study, is it reasonable to conclude that eating cruciferous vegetables causes a reduction in prostate cancer risk? Explain.
assume you are a policymaker in washington dc. lobbyists for the preschoolers of america have put pressure on their
The Hawaii Department of Transportation has planned a bypass loop that is expected to cost $9,000,000 and save motorists $820,000 per year in gasoline and other automobile related expenses.
These multiple choice questions are belonging to Economics. The first question is about natural monopoly and the second question is about marginal cost being equal to a change.
Suppose that in an effort to stimulate the economy, the Federal Reserve decided to engage in an open market operation to expand the M2 money supply by 10%. What are some potential drawbacks of such a move?
assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of
Consider the following utility function-find the hicksian deman function for x and y, find the expenditure function, without solving the utility maximization problem, recover the indirect utility function and the Marshallian demand functions.
Recent increases in rents have caused the citizens of Elmville to vote for a rent ceiling of $1200. Assuming all rental units in Elmville are identical and the supply and demand for rental units are given by Qs = -1000 + 20P Qd = 50000 - 10P
What is the own price elasticity of demand when Px = $154? Is the demand elastic or inelastic? What would happen to the firm's revenue if it decided to charge a price below $154?
Assume a certain firm in a competitive market is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $15 and its average total cost equals $11. The firm sells its output for $12 per unit.
Will firms in a price-taker market be able to earn profits in the long run? Why or why not? What determines profitability? Discuss.
According to Thomas E. Woods, what factors contributed to the economy recovering from the 1920 Great Depression? Explain why the school of Austrian Economics dislike Interventions, say by the Federal Reserve in the economy to manage business cycles? ..
Assume that the demand curve for apples is given by Qd = 140 - 5P, where Qd is number of pounds demanded per year and p is the price per pound. The supply of apples can be described by Qs = 40 + 3P, where Qs is the number of pounds provided.
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