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Write a C++ program that is menu-driven that allows for the following menu choices:
Consider creating a class exam that will hold the actual exam and provide behavior such as loadExam and also displayExam. This class will be enhanced in Week 5.
Draw the Lorenz curves for the rural and urban populations for 1998 and 2010. Be sure to carefully label your axes. What do they tell you about changes in inequality over time in Mexico?
The college has annual fixed costs of $10 million, and the variable cost for each additional student is $5,000. To continue operating, the college must receive payments equal to its total costs.
In oligopoly, each firm is acutely aware of the production and marketing decisions of all competitors and carefully considers the potential competitive reactions in all decisions. Discuss whether firms in other market structures consider the potentia..
Suppose Alan’s preferences are described by the utility function: Find Alan’s MRS. Find the equation for Alan’s indifference curve through the bundle (3, 6).
If this industry acts like a monopolist in the determination of price and output, compute the profit-maximizing level of price and output
An industry said to be characterized by monopolistic competition is the apparel industry. Suppose you were hired as a consultant by a firm in this industry. How would advise the firm as to the levels of output, price, input usage, and advertising?..
Suppose a country has total GDP (Y) = $10 trillion, consumption = $7 trillion, government spending = $3 trillion, investment = $2 trillion, and taxes = $1.7 trillion. What is the level of net exports or balance of trade? What is the level of private ..
Mill's answer to number four is explained because of progress in: The solution to a commercial crisis is, according to Mill: According to Mill in the reading on Interest, interest pays the owner of capital for his: Discovery of natural resources. Pop..
You expect to rent out a vacation home on Sanibel Island for $800 a month as an investment. Upkeep is estimated at $3,000 a year. If the current market interest rate is 5 percent, you are willing to pay __________ for the house.
Do you believe the rise of globalization has caused the outsourcing of manufacturing jobs within the United States, or is this a natural progression due to the technological era we are in?
As in the previous exercise, consider an initial wealth of 10 and the lottery X˜ . Assume now that the utility is: u = w for w = 10. Draw the utility function. Is it globally concave? Compute the certainty equivalent and the risk premium attached t..
Suppose two people make up the market for my old wrestling cards. The first has a demand curve given by the equation Q = 10 - P. The other has a demand curve given by Q = 20 - 2P. Graph each of these, then graph the market demand curve.
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