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Suppose a consumer's level of satisfaction is given by AB2 and he/she has a total of $10 to spend on goods A and B. If the price of A is $1 and the price of B is $2, and assuming you can only purchase whole units (not fractional) of A and B, how many units of A and B should he/she purchase?
Elucidate why would elasticity of demand be important to you in determining the products on which the taxes should be levied.
Determine the impact on the economy if the central bank in U.S. used inflation targeting.
q1. explicate four of problems with the argument which trade protection is needed to protect american jobs.q2.
Using the formula for β^1 and β^0, show what will happen to the estimator of the slope and intercept in the SLR model if y is multiplied by the constant k, and at the same time x is multiplied by the constant m.
In an open economy with few capital restrictions and substantial import-export trade, a rise in interest rates and a decline in the producer price index of inflation will
the congressional research service estimates that at least $45 million of counterfeit u.s. $100 notes produced by the north Korean government are in circulation. Explain why do U.S. taxpayers lose because of north Korea's counterfeiting.
Canon will receive payment from its dealers on August 28th, 2012. Assuming which Canon needs to cover its expenses in Japan
q. an independent trucker has the following options. if he buys expensive machinery then he can hire fewer drivers to
How much would Wyandotte have to reduce the price of polyol to achieve a 15 percent increase in the quantity sold?
A permanent endowment at Wartburg College is to award scholarships to engineering science students twice per year. The first awards are to be made beginning 11.5 years after a $2.2 million lump sum donation is made.
determine either the demand for student employees by the restaurant would increase, decrease, or remain unchanged.
Consider a league with two teams that might engage in doping. If neither team engages in doping, the odds that Team A will win the league championship are 65% and the odds that
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