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Suppose martha's utility is given by U=1/2^2 +3y^2. what is formula for martha's rate of substitution? Is the marginal rate of substitution increasing or decreasing or constant as martha substitutes x for y?
describe the strategic choices that must be considered before entering international marketsdescribe the importance of
if there is a natural monopolyone firm owns all the natural resources in the production of a good such as owning the
What factors (determinants) will cause a change in demand and what factors (determinants) can cause a change in supply? Can you give any current examples of a determinant of demand that you see changing in any industry or marketplace or a determinant..
Describe your general strategy with respect to creating a more balanced budget and describe specific areas that you propose to increase and decrease as part of your revised budget plan.
How many DVDs should it order - From which supplier? The station should technically speaking purchase from supplier A because it is best for the company and saves money.
A study of costs of electricity generation for a sample of 56 British firms in 1946-1947 yielded the following long-run cost function: 16AVC = 1.24 + .0033Q + .0000029Q2 - .000046QZ - .026Z + .00018Z2
where there is a natural monopoly situation there may be a case for government intervention either in the form of price
Illustrate the black market for medical drug,including the implict supply schedule, the ceiling price,the black market supply and demand, and the highest feasible black market place.
There are two goods in the economy, anchovies (a fish) and bananas (a farm product). Draw the economy's production possibilities before and after a natural disaster that lowers the banana harvest but does not affect anchovies.
Which tool does the Fed use most commonly to control the money supply?
True or False and explain. If the slope estimate in a simple regression is zero (that is, β1(hat)=0), then the average of the dependent variable must be equal to the intercept estimate.
Suppose you invest in zero coupon bonds. One matures in 1 year, paying $100, and its price is $56.93. The other matures in 2 years, paying $1100, and its price is $943.07. Compute the yield-to-maturity on each bond. Compute the duration for each bond..
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