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Propose ways that you think the federal government should set the budget on a sustainable course in the next 25 years?
Let the inverse demand curve be p(q) = a − bq. Suppose there are two firms, with constant marginal cost equal to C. (Cournot) If both firms move simultaneously, what are their equilibrium strategies and what is the equilibrium outcome? (Stackelberg) ..
The long-run aggregate supply curve
Why did the Luisiana Court of Appeals concslude that the courts of that state did not have the right to exercise personal jurisdiction in "Ronald A. Swoboda v. Hero Decks, A Division of Parody Productions, LLC" case?
The economy is beginning to slip into a recession.? Further, data indicate that inflation is low. The Fed will most likely respond to this state of the economy by
In a two good, two-country world, a country has a comparative advantage in any good for which it has a:
Suppose the marginal cost to produce a good is $10. There is only one person who is willing to purchase the good, and she is willing to pay $90 for one unit. According to the particular two-part pricing scheme from Lecture 3, an access price will be ..
At an oral auction for a chafing dish, half of all bidders have a value of $160 and half have a value of $120. What is the expected winning bid if there are two
a). Why must working capital be "managed"? b). What is (are) the goals of working capital management?
Which of the following not be considered an industrialized country? Under a progressive tax system,
Lakeside Resort hires Micheline to act as its agent to buy a 1,000-acre waterfront tract of land from Nabil for $1,000 per acre. Lakeside does not want Nabil to know that it is the principal or that Micheline is its agent. Lakeside gives Micheline th..
A national fast food restaurant chain has recently made the decision that their breakfast menu will now be available all day long. Using only an illustrative graph with no numbers, demonstrate how the decision to offer an all-day breakfast menu would..
A small tie shop finds that at a sales level of x ties per day its marginal profit is MP(x) dollars per tie, where MP(x) = 1.35+0.04x-0.0021x2. Also, the shop will lose $65 per day at a sales level of x- 0. Find the profit from operation the shop at ..
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