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In your favorite language, pseudocode or very detailed instructions, provide a Wgram that will take an infinite amount of inputs and output the minimum value, maximum value, sum and average.
Suppose a competitive firm and a monopolist each charge $5 for their respective outputs. One can conclude that:
Consider a hypothetical economy in which the marginal propensity to consume. Plot an economy consumption function.
An old 100-MW power plant has a heat rate of 13 000 Btu/kWh and burns a fuel that costs 2.90 $/MBtu. The owner of the plant estimates the fixed cost of keeping the plant available at $360 000 per year. What is the minimum price that would justify kee..
Columnist Jack Mabley of the Chicago Tribune reports that "General Motors just increased prices another 2.5%" even after a "bad year" and concludes
Consider the independent private value auction setting that we talked about and solved in class. Assume that there are a total of n bidders (including yourself). The valuations are uniformly distributed [0,1]. Assuming that everyone else plays the pr..
Boeing estimates the elasticity of demand for new commercial jets is –1.25. Explain why the following statements are either true or false (i.e., state whether true or false and explain why.) “The price effect dominates the quantity effect.” “A 4 perc..
What effects would each of the following have on aggregate demand or aggregate supply, other things equal? In each case use a diagram to show the expected effects on the equilibrium price level and the level of real output, assuming that the price le..
Analyze the major ways in which quality issues in health care affect antirust healthcare policy - synthesize the primary ways in which consumer and provider incentives work together to achieve cost reduction under the Affordable Care Act
If they both hire consultants, they cancel each other out and they expect to get half the pot minus the consulting costs.
Consider the different types of devices that can be on a network, the different business value.
Which of the following are methods used by the Federal Reserve to affect the supply of money in the U.S. economy, and which are not? Place each item under the appropriate title. Methods the Fed uses to affect the money supply Not a method used by the..
Suppose that a person invest 3000$ at 10% per year, compounded annually, for 8 years. (a) will this effectively protect the purchasing power of the original principal, given an annual inflation rate 8%? If so by how much
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