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Why was the Reform Bill of 1832 a political landmark? A It increased the number of male voters by about fifty percent and set a precedent for widening suffrage further B It granted a powerful voice to the numerically superior but materially poorer south and demonstrated the weakness of industry C It gave universal suffrage to all men over the age of twenty-five and to women who held a sufficient amount of property D It granted women the right to initiate divorce on grounds other than abandonment, specifically abuse of themselves or their children.
The demand for mini cassette players can be characterized by the following point elasticities: own price elasticity= 2 in absolute value, cross price elasticity with AA alkaline batteries= -1.5, and income elasticity = 3.
Calculate the effective rate of production for steel industries. Question files are available when you purchase as they are images.
Explain how higher utilization of assets such as aircraft, gates, and pilots lowers the cost per available seat mile (CASM) or cost per available seat kilometer (CASK).
Explain how much of input 2 does it use. B) What is the most that it is willing to bribe an inspector to allow it to use another unit of input 1.
Suppose that Omar’s marginal utility for cups of coffee is constant at 4.5 utils per cup no matter how many cups he drinks. On the other hand, his marginal utility per doughnut is 10 for the first doughnut he eats, 9 for the second he eats, 8 for the..
Harry Mazzola, who consumes only corn chips and french fries. His utility function is u(x1, x2) = min{x1 + 2x2, 2x1 + x2} where x1 is his consumption of corn chips and x2 is his consumption of French fries. At what prices will Harry consume only corn..
Explain how each of the following will affect money supply, money demand, the interest rate, the price level, and real GDP. Use 2 graphs for each (one showing what happens to the money market, one showing the AS/AD model) a. The economy experiences a..
What interests or surprises you about the summary table? How does that rate compare with the rate in the previous month or quarter? Discuss the differences in unemployment rates by gender, age, education, etc.
Name and discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets. Describe the major differences between depository and non depository inter..
The utility function of a consumer is u(x, y) = x0.5 + y0.5. What are the demand functions of good x and good y(that is, we derive the demand function from the maximization of the utility function). What is the price elasticity of demand of good y(i...
The theory of public choice suggests that
A manufacturing company produces steel housings for electrical equipment. The main component part of the housing is a steel trough that is made out of a 14-gauge steel coil. Construct a frequency distribution and a percentage distribution. Construct ..
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