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Q. As part of their chores on Saturday mornings, they have to clean the bathrooms also wash the floors of the house while their parents go grocery shopping. In one hour's time, Mike can clean two bathrooms or wash six floors. Linda, on the other hand, can clean 3 bathrooms or wash seven floors. The house has four bathrooms also ten rooms' worth of floors. All along, Mike also Linda have been splitting up the work in half for every work also thus every Saturday, every has been cleaning two bathrooms also five floors respectively
Where there currently is a tariff. What is the effect of this tariff on the U.S. economy.
Elucidate an example of a microeconomic and macroeconomic phenomenon. Would you give an example of a microeconomic decision you have made at home or work.
How big would that budget have to be before he would spend a dollar buying a first cup of coffee.
Show that a specific tax of $3.70/unit generates the same revenue as a 20% ad valorem tax
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All farmers in Trivialand are self - employed and sell all of their wares to Super Duper. Elucidate the costs incurred by all of Trivialand's busines.
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Find the SPNE of this game. Is there an outcome of the game that both parties prefer to any SPNE? Also find a NE for which the outcome differs from any SPNE outcome.
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