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Besides specialization there are a number of other economic advantages to marriage. Provide a brief explanation of the following concepts and how they related to marriage:
i. Economies of scale
ii. Public goods
iii. Positive externalities in consumption
iv. Risk pooling
v. Institutional advantages
q1. compare the unemployment rate in new mexico to the national average of the past four 4 years. compare the trends in
Now suppose that management believes the probability of weak demand in 2009 is 25% and the probability of strong demand is 75%. Using mean-variance analysis, explain which level of output should be chosen.
Suppose a firm faces the inverse demand curve P = 600Q– 0.5. The firm has the total cost curve TC = 1,000 + 0.5Q1.5. Find the firm’s profit- maximizing output, price, and profit.
If you invest $1,000 today, how much will it be worth in 20 years? Assume that the money will grow at the interest rates: of 8% compounded semi annually during years 1-10, and 12% compounded quarterly during the remaining years.
Describe the organizational structure of your selected organization. Evaluate and difference that structure with two different organizational structures.
summarize how the test affected the court proceedings. Submit your paper as a Word document to your instructor. Remember to correctly cite your sources.
In the long run, if the demand curve of a monopolistically competitive firm is tangent to its average total cost curve then
A friend borrows $1280 today and promises to pay you back $2190 in 5 years. If inflation is expected to be 3.9% per year during this time, what is the inflation-adjusted rate of return per year? the real rate of return per year?
Illustrate what the effects would be if real GDP is growing also both the velocity of money also the money stock are constant. Please converse.
Elucidate, using diagrams where appropriate, explain how the averege costs of a firm may vary short period and long period.
Recall the looser pay winner auction experiment done in class. Discuss how these experiments explain why the bidders changed their minds toward wanting to bid well above the value of the prize, even though they refused to do so at the beginning.
Pepsi-Cola® and Coca-Cola® have dominated the market for almost a century whereas General Motors™ and Ford Motor Company© have suffered due to increased competition.
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