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Carborro has 3 equal sized groups of people: Type A consistently prefers more police protection to less; Type B prefers high levels of police protection to low levels and they prefer low levels to medium levels. Type C mostly prefer medium levels to low levels, which they in turn prefer by a modest amount to high levels. A) Which type of people have single- peaked preferences? Which type have multi-peaked preferences? B) Will majority voting generate consistent outcomes in this case? Why or why not?
What is the total market demand for polyglue at the price established by Alchem in Part (a)? How much of total demand do the follower firms supply?
Eric tries to eat more healthfully by eliminating cookies, donuts, and similar snacks from his diet. Every day at work, however, co-workers bring in these treats and Eric succumbs to temptation. Which of the following concepts would behavioral econom..
Which of the following determine an individual's wage? If the price of output in an industry falls, firms in that industry will ______ labor.
Plot residual by time and explain residual plot where you find any problem. Do we violate any 7 assumptions of OLS. If so, what are consequences.
Elucidate which following is true in market of a monopoly
Evaluate the competitors' existing production in the chosen country. Evaluate forecast sales in the selected country. Determine the type of economy that exists in your selected country.
The profit in dollars from the sale of x expensive watches is Px=0.03x2?3x+2x0.3?5000. Find the marginal profit when (a) x=300, (b) x=2000, (c) x=5000, and (d) x=10,000.
At the current price level, producers supply $375 billion of final goods and services while consumers purchase $355 billion of final goods and services. The price level is: A) above equilibrium B) At equilibrium C) Below Equilibrium D) More informati..
Explain how much consumer surplus exists in this market. If a $2.00 excise tax is levied on this good what will happen to equilibrium price and quantity.
Identify the type of anti-competitive behavior illustrated by each of the following: (also note the piece of legislation that declares this type of behavior as [potentially] illegal). Calculate the Herfindahl-Hirschman (HHI) index for the for the fol..
A well-known industrial firm has issued $1,000 bonds with a 4% coupon interest rate paid semi annually. The bonds mature 20 years from now. From the financial pages of your newspaper you learn that the bonds may be purchased for $715 each ($710 for t..
comparing investment criteria mario brothers a sport producer has a new idea for an exploration sport. it can market
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