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Q. Consider the application of the demand-revealing process to land assembly that we discussed in class. We defined D as the developer's offer for the combined area of all parcels, ai as the government's estimate of value of parcel i as a share of the value of all parcels Vi as owner i's reservation price for his parcel Wi= aiD - Vi as the amount that owner i is willing to pay to have the developer assemble the parcels if he receives the amount aiD for his property.
Illustrate what is the condition that determines whether or not the developer should assemble the parcels?
The Solow Growth Model. In 2010, Japan was a large open economy with perfect capital mobility that was at its steady state.
q1. would you advocate monetary restraint or stimulus for todays economy? who would disagree with you?q2. why is the
Further you know that there is a 35% chance for a strong economy and a 50% chance for average growth. What is the expected return on this investment?
If portfolios are formed by randomly selecting stocks, a 10-stock portfolio will always have a lower beta than a one-stock portfolio.
Elucidate how a recessionary output gap would emerge in an economy where long-run aggregate supply curve is persistently shifting to right.
If government imposes a $5 specific tax to be collected from sellers, what is the price consumers will pay. Explain how much tax revenue is collected.
q. 1. suggest how an economist would approach the problem of alcohol abuse. provide two possible solutions to this
A construction company is bidding on a project comprising five high-rise buildings to be erected one after the other.
q1. a farmer determined a natural gas preserve on his property. he can extract the natural gas for a profit of 40 per
Describe the point at which diminishing returns occurs. indicate the points that delineate the 3 stages of production.
illustrate what is the minimum range within which the sample average failure rate must be found to justify with 95% confidence the advertised failure rate of 0.5%.
based on market research a film production company in ectenia obtains the following information about the demand and
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