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Olivia has received a $15 gift certificate that is redeemable only for peanuts. Bags of peanuts come in two sizes, regular and jumbo. Regular bags cost 50 cents and contains 30 peanuts. Jumbo bags cost 75 cents and contain 50 peanuts. How many of each will olivia purchase? What if jumbo bags now cost $1? For each case draw a budget line that shows her best choice by adding indifference curves. Assume olivia cares only about the # of peanuts and not the bag size.
Allied Electrons must purchase a new automatic soldering machine to meet increased demand for its electronic goods.
Illustrate what mistakes did policymakers make that have kept developing nations from growing more quickly.
What is the diamonds water paradox and how is it explained?
The economy for latest commercial equipment has dropped in the last seven quarters. You require a latest niche. You are the CEO. You will not fire anyone.
Illustrate what is the difference among the Marxist also the Value Conflict approach to social problems
if you were asked to forecast Jan also Feb sales for next year, would you be confident of your forecast using the preceding moving averages.
If your holding period is 1 year i.e., you have to sell this bond after one year, what price will you end up selling at. Show your work. What is your effective rate of return.
What is Soroush’s income elasticity of demand for Good 1? C. What is Soroush’s income elasticity of demand for Good 2?
For each of the determinants of demand in Equation identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles.
Compare the additional revenue Circuit City makes as it moves from 2 million to 4 million copies of Vista with the additional revenue it makes as it moves.
Why may the effective patent life of a drug be shorter than the legal life. Explain why may the effective patent life of a drug be longer than the legal life.
Does your firm have a dominant strategy? Does firm 2? If so, indicate what this strategy is for each. Given b., find the Nash Equilibrium outcome (actions, payoffs) for the one-time interaction.
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