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1. How does the introduction of cognition into a consumer's choice among healthy and unhealthy food affect marginal utility per dollar and the quantity of healthy and unhealthy food consumed? Suppose utility is maximized.
2. When an electronics company advertises on the local newspaper a 10 percent discount coupon, is this an example of price discrimination? Why or why not?
3. Explain how if a price-fixing game is repeated over and over, the cooperative outcome might be attained.
4. Describe what would happen to the equilibrium price and quantity of oranges if the supply of oranges increased while the demand for oranges decreased.
5. Will a price ceiling always result in a reduction in efficiency?
Without insurance from his employer, would a worker work or shirk?
Assume two countries, West and East, want to decide whether to abate (control) their pollution or not. For simplicity assume each country have only two strategies, abate or do not abate.
If not, what government expenditures should be excluded from GDP? Are income taxes collected by the government from consumers included in GDP and, if so, how?
the marginal cost of educating a college student is 5000.00 a year. the table below shows the marginal private benefit
1. what is a mutual fund? explain in detail noting any differences in practice between saudi arabia and the united
Are prices an accurate measure of good's total value are prices an accurate measure of a good's marginal value what's the difference can you think of a good that has high total value but low marginal value use this concept to explain why professi..
What are some of the ways these curves shift and what is the corresponding change to the point of equilibrium?
What is the probability that a randomly selected adult is 65 or older?
The data contained in the following table shows the tradeoffs that occur in an economy that produces only two types of products: pharmaceutical and computer-related technological products. Use the data given in the table to graph the production po..
Suppose desired investment for the economy represented in the table above is $200 billion. Plot the consumption and investment function. What value is the equilibrium level of income What is the marginal propensity to consume
you know the water park will increase the traffic flow in the streets around the water park. there are both businesses
What function does money play for Dash, Crunch, and Bolt? Explain why Johnny's money is or is not part of the M1,and/or M2 money supply.
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