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By the numbers . Using the U.S. Bureau of the Census data on state and local governments, find the amount of state aid to local governments from 1997 to the most recent available year and calculate the amount of aid as a percentage of general revenue. Do the same for your state. Graph the result. How has it changed?
Suppose the government transfers 100 units of B's good 1endowment to A. How will the consumers' choices of good 1 in competitiveequilibrium change? Explain. (You should answer without repeating the utilitymaximization calculations.)
A firm produces two different goods, with demand given by the following Pa=100-2Qa-Qb and Pd=90-2Qb where Pa=price of good A Pb=price of good B, Qa=quantity of good A and Qb= quantity of good B there are 30 units of each in storage
A Study of pharmacies in the San Fran. area found the prices charged for 100 tablets of medicine to be approx. normally distributed, with a mean price of $8.50 and a standard deviation of $2. Find the probability that a particular San Fran.
An accounting and management consulting firm charge out rate is $112 per hour. The maximum output is 214,000 hours per year. The fixed cost is $610,000 per year and the variable cost is $62 per standard service hour. What is the breakeven point in..
How is the marginal propensity to consume affected? How is the multiplier affected?
How many firms would be in the market at equilibrium in which every firm's economic profits are zero?
Use these prices to calculate the marginal value product of fertilizer and its cost. You can do this somewhat crudely based on the table of numbers that you compiled above, or you can do something fancier using the equations that Excel fitted to t..
Some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn't matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt.
Identify and document six (6) credible sources (two (2) for each topic) that you would expect to use. Note: Wikipedia and other Websites do not qualify as academic resources.
The demand curve for the industry is P=100-Q, where P is the price (in $millions) and Q is the total quantity produced by GE and Westinghouse. Currently, each firm has marginal cost of $40 and no fixed costs. Thanks!
Lumberjack Power, operator of a nuclear plant, is planning to replace its current equipment with some that is more environmental friendly. The old equipment has annual operating expenses of $6,750 and can be kept for 8 more years.
For one application, the nitrate concentration y (milligrams per liter) in a water sample collected after a heavy rainfall was modeled as a function of water source (groundwater, subsurface ?ow, or overground ?ow).
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