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Q1. Individual has a utility function described by the equation U=2xv. The price of x is $32 every item whereas the price of y is $20 per unit. Through a profits of $800 per month, how many units of goods x and y will the person consume in a month to maximize utility?
Q2. Business Week recently declared, "We have entered the Age of the Internet," and ob-served that when markets for goods as well as services gain access to the Internet, more consumers and more businesses participate in the market. Use demand as well as supply analysis to predict the effect of e-commerce on equilibrium output and equilibrium price of products gaining a presence on the Internet.
The largest loan that the bank can make on the basis of the new deposit. If the bank chooses to hold reserves of $3,000 on the new deposit, what are the excess reserves on the deposit.
Compare and contrast inflation and deflation. What are some of the damaging effects that each has on an economy.
Results of drilling are 15 dry holes, 12 gas producers, 18 oil wells, and 20 wells producing both oil and gas.
Expecting that wool prices would remain high, wool producers raised a lot more sheep.
A residential rental property is acquired during the first month of the taxable year, at a total cost (including transaction costs) of $1,200,000.
What amount of equity method income would Russell recognize in 2013 from its ownership interest in Thacker.
Do these public goods conform to the law of demand. For which public supplies is demand price elastic.
discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets
The Investment demand curve is a useful tool to summarize an important and complex relationship in the economy.
When you purchase and eat a hamburger, no one else can eat the same hamburger. When you download a file on the Internet, the file is still available.
By how much should domestic auto-makers increase the cost of automobiles if they wish to increase sales by 5 percent next year.
Yet many financial decision-makers at some of the most prominent firms in the world continue to use less desirable measures such as the payback.
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