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Consider these bundles: Bundle A: 2DVDs and 3 Cds; Bundle B: 3 DVDs and 1 CD; Bundle C: 1 DVDs and 3 CDs. Which of the following violates the assumption of non satiated preferences?
a) You prefer bundle C to B and bundle A to C.
b) You prefer bundle C to B and are indifferent between bundles A and B.
c) You prefer bundle A to C and are indifferent between bundles B and C.
d) All of the answers are correct.
e) None of the answer is correct.
what single payment at the end of year 5 is equivalent to an equal annual series of payments of $800 beginning at the end of year 3 and ending at the end of year 12? The interest rate is 8% compounded annually
What was the absolute amount of increase in real income? - Make your calculations of the percentage change in real income and the absolute change in real income using the approximation formula and using the more precise method with index numbers.
How do managed floating exchange rates operate Why were they adopted by the industrialized nations in 1973 Has the abandonment of the Bretton Woods system of adjustable pegged exchange rates been beneficial or detrimental to global financial stabi..
Why do you thing they each would work. Illustrate what would the benefits of each action be besides emissions reduction.
What value of "C" make the deposit series equivalent to the withdrawal series at an interest rate of 9% compounded annually?
abc computer company has a 20000000 factory in silicon valley. during the current year abc builds 2000000 worth of
q1. suppose the parliament passes legislation making it more difficult for firms to fire workers e.g. law requiring
There are two gravel suppliers in the Davis area, Hibbert (H) and Davis Lumber (D). They are engaged in Cournot competition, and face the same inverse demand curve for gravel, given by P = 60 - 5Q, where P is in dollars per cubic yard (yard, for shor..
Evalute the percentage change for the two years. Explain the drastic change and what this meant for the U.S. population.
they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
Solve for the equilibrium interest rate. Solve for equilibrium value of consumption and investment.
q. 1. country z is a developing country that is facing problems of deforestation. for agriculture farmers are clearing
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