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Suppose A and B have the following (inverse) demand curves for fruity pebbles: P = 150 – 3QA P = 150 – 1.5QB. If they are the only two people in the fruity pebbles market, then the market demand is:
A. P = 150 – Q
B. P = 300 – 4.5 Q
C. Q = 66.67 – 2/9 P
D. Q = 60 – P
E. P = 100 – 6Q
All the workers in a factory have the same utility function u(x1, x2) = x1x2, earn the income of 12 and face the same prices p1 = 1 and p2 = 1. What is the optimal consumption bundle for the workers? What utility do they obtain?. Graph the indifferen..
Should innovation activities be linked to our efforts to develop a strategic advantage or should innovation efforts be experimental with an objective of finding products or services that may be profitable at some indefinite point?
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Which of the following factors turned the budget surplus into a deficit in 2002?
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Roughly speaking, a merger between two firms is legal:
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q1. walker inc. is trying to determine its price debt. firm has a debt issue outstanding with 15 years to maturity that
According to the quantity theory, money in the long run affects: If the Fed increased the supply of money, and velocity remains unchanged, according to the quantity equation: The velocity of money is: The quantity theory of money states that: In a co..
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