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Ted’s utility function characterizing preferences over apples and bananas is U a,b= 4a + 6b^2. . How many apples does Ted demand if Pa= .5 and Pb=1 , and he has $10 to spend?
What is the equation of marginal costs? At what level of output are average total costs at their minimum?
During Great Depression, businesspeople in United States were very pessimistic about future of economic growth and reluctant to increase investment spending even when interest rates fell. How did this limit potential for monetary policy to help al..
activity 1-1 stakeholder influences and interconnections part a reflective journal-stakeholder diagram stakeholder
Which policy do you believe would be more effective in the short term for accomplishing these goals.
crew brew of wisconsin plans to build a microbrewery on a small stream in that state. after sampling water from the
Illustrate what is the individual's optimal consumption in each period. Explain how much saving does he or she do in the first period.
Compute the (point) price elasticity of demand when price is $700. Is demand elastic or inelastic. Find the point at which point elasticity is equal to -1.
q1. many small boats are made of fiberglass that is derived from crude oil. suppose that the price of oil rises.a.
Economies grow for a variety of reasons. Which of the following is not a primary cause of economic growth?
What role do property rights play in creating common property resources? Why are common property resources subject to market failure due to non-excludability?
q.assume that omar s marginal utility for cups of coffee is constant at 3.5 units per cup no matter how many cups he
You live in a small town with basic medical care facilities and a couple of general practitioner physicians. One of the physicians has said that your cousin needs to be seen by a specialist. However, the nearest specialist is 3000 miles away, on the ..
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