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Reassignment-Balance Constraints
These constraints are critical for understanding the computational economies introduced by the preprocessor. Discuss what happens when only one reassignment alternative is considered for every order; what computational implications does this have? Interpret the shadow price associated with these constraints. Indicate an alternative formulation of the tactical-planning model without using the preprocessor or reassignment-decision variables.
If the local government can enforce a price-control law that sets the maximum price of $2.00, will there be a surplus or a shortage
Which of the three funding measures, considering the relative financial contributions it imposes on individuals such as these, would you support and why?
a. Explain the relationship between the law of diminishing marginal returns and the shape of a firm's marginal cost curve b. The long-run equilibrium for a perfectly competitive industry occurs when the firms are earning economic profits of zero.
Which scenario is the best from an economic standpoint? Are there any other considerations, such as environmental/health/social issues, which have impacted this option and to what extent?
Explain the MC=MR Rule
Which of the following activities is NOT a primary concern of investment banks?
Suppose government officials have set an emissions tax to reduce pollution. Assume the optimal tax would be $1,500 but government officials have set the tax equal to $500. At the equilibrium with the $500 tax:
What are the external costs of driving a car?
What are the contributions of these transactions to GDP in the years 2013 and 2014?
sarahs pretzel plant has the following short run cost function cqk wq31000k3250k where q is sarahs output level w is
Computing an allocation for a planned socialist economy is prone to great computational difficulties.
Explain the environmental Kuznets curve. What does it show? How is it constructed? Is it really useful in predicting the path of environmental d degradation and recovery an hypothetical country is on?
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