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For a single consumer, show the demand curve for three illness, L1, L2, and L3, where the degree of illness increases as the subscript increases from 1 to 3. Need the demand curves be parallel? Could they ever possible cross?
In what did the South have a comparative advantage. Did the Civil War change any opportunity price in the South.
What are the Economic structure, indicators and risk, Financial structure, indicators and risk, Political structure and risk, a Recent history which impacts current conditions and risks Geography, natural resources and existing industries that impact..
Presently the theater advertises 125 times per week. Assuming this is the only theater in town, and its marginal cost, MC, is equal to zero, Determine the profit maximizing ticket price for the theater.
In class, we study the two-part tariff question with the following system. Consumer 1 has demand function q1 = 50 − p1 and consumer 2 has q2 = 50 − 2p2 The per-unit cost of the production is mc = 10. What’s the necessary conditions that consumer 1 wi..
A portfolio has an expected annual return of 15.7 percent and a standard deviation of 19.6 percent. What is the smallest expected loss over the next calendar quarter given a probability of 1 percent?
Given the initial demand and supply curves for prescription drugs and an equilibrium price and (3) questions ) quantity, select from the list below the ones that the direction of change will be to the right. Consumers become more enamored with the wo..
In 3-4 pages, discuss public interest, administrative responsibility and some of the recent ethical obligations confronting public administrators in their day to day decision making. Also examine the recent trend in privatizing government functions a..
What does the Taylor rule imply that policymakers should do to the fed funds rate under the following scenarios?
Identify and talk about at least four companies that you regard as having characteristics listed here. Suppose you bought common stock in each of four companies identified here.
Luis is a fan of loud music that he plays on his stereo system. His utility function is defined by equation: Find Luis’ demand for hours of music as a function of the price of electricity. Maria moves out, and Gordon moves in with Luis. Gordon’s util..
q1. classify the equilibrium price.what would happen if suppliers charge less than the equilibrium price for your good
Give one historical reason and one theological reason for the split between Sunni and Shi’a Islam. A historical reason is a practical matter of political or economics. A theological reason is based on an explicitly religious idea. The material in Fis..
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