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Simple Math question.
A firm has total cost function TC = 2x^2 + 3y^2 -3xy -3x +30. Find the optimum bundle of x and y that will minimize the cost. (Use cramer's rule)
If 50 applicants are chosen at random, what is the probability that 17 or more of them will meet the GPA threshold? (Note: You’ll want to use your answer from part a. If you’re not sure about this answer (and even if you are), be very clear about yo..
Assume that the relationship between the growth of a fish population and the population size can be expressed as g = 2P – 0.1P, where g is the growth in tons and P is the size of the population (in thousands of tons). Given a price of $50 ton, the ma..
A Company operates plants in both the US (where capital is relatively cheap and labor is relatively expensive) & Mexico (where labor is relatively cheap and capital is relatively expensive). Under what circumstances will the input choice be relativ..
Assume that the market for Mexican pesos begin in equilibrium. Then, the Mexican economy experiences a severe recession. Because of the recession, the Mexican companies lower their prices. As a result of the recession and lower prices in Mexico.
What are procyclical industries? Countercyclical industries?
Compute CS ,PS and the deadweight lossD)if firm 1 and 2 leaders and 3 follower (Stackelberg),What are the quantity choices for all three firms?
what do you mean by a social welfare function? if you assume that such a function exists what properties of social
The proportion of employees who use the free gym at the office is 18%. If random sample of 90 employees is surveyed, what is the probability that fewer 13% will use the gym?
Business Week recently declared, “We have entered the Age of the Internet” and observed that when markets for goods or services gain access to Internet, more consumers and more businesses participate in the market.
Describe ways in which bank regulators manage the moral hazard from the various protections given to the banking industry. Suppose you are graduating and your rich Uncle makes you an offer. You can accept $5,000 from him today or wait 3 years and rec..
Explain in words why equilibrium GDP changes
suppose that there are 2000 units of a non-renewable resource available over two periods. demand in each period is
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