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Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them? Which theory is more appropriate for the economy today? Why?
What is the first order condition for profit maximization for firm 1? compute the optimum quantity x1 for firm 1 as function of quantities x2 and x3.
Recall that Carson Company has periodically borrowed funds but contemplates a stock or bond offering so that it can expand by acquiring some other businesses. It has contacted Kelly Investment Company, a securities firm.
why do points on a utility possibility curve represent efficient allocations of resources? why must the utility
Merchant banking refers to:Banking services that are only available to retail merchants.Banking services that are only available to business but not the general public.
Suppose that Omar’s marginal utility for cups of coffee is constant at 1.5 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
in 2010 many unskilled workers in the united states earned the federal minimum wage of 7.25 per hour. by contrast
Separate the bond market into municipal bonds and corporate bonds, if the President lowers the federal income tax rate by 5% and holding everything else constant.
An increase in the excise tax on alcohol? a)will have no effect on alcohol consumption b)will generate minimal tax revenues for the federal government c)couped with a uniform drinking age nationwide would save lives
in the fall of 2008 aig the largest insurance company in the world at the time was at the risk of defaulting. as a
you start an insurance company as your first entrepreneurial venture after graduation. your main product line is
item x is a standard item stocked in a companys inventory of component parts. each year the firm on a random basis uses
Supporter of free market systems discuss that free enterprise leads to more efficient production and better response to changing customers preferences.
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