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Suppose that an astronaut visits a planet on which the gravitational acceleration is one - tenth that on Earth. He finds a giant ant that consists of the same material as, but whose size is 100 times greater than, that of the ant on Earth. He returns to Earth with the giant and puts it in a cage. By dimensional analysis, describe what happens to the giant ant.
What would happen if the tax was paid by sellers of hockey sticks instead of buyers?
should you enter one of the European markets? If so, which one? If you enter, what is your expected profit?
Suppose that there is a negative externality in the market for trout in Colorado. Letting Q represent pounds of trout, explain (using graphs and words) why government intervention in the market for trout may be appropriate.
The cup is placed over the pill and as the cup is pressed down, the pill is split into pieces which are contained inside the cup. Because the cup is above the pill, persons can see how the pill is cut and keep the pieces contained.
If an alternative has monthly payments of $10,000 a month for three years with a purchase price of $75,000 at the end of year three, what would the cash flow diagram look like?
Assume you have a Normal distribution representing the likelihood of completion times. The mean of this distribution is 10, and the standard deviation is 3. The probability of completing the project in 8 or fewer days is the same as the probabilit..
In 2001, Statistics Canada estimated the labor force at 16,109.8 thousand, employment at 14,946.2 thousand, and the working-age population (15+ years of age) at 24,444.3 thousand.
A manager can use either way S or B to prepare packages of chiken nuggetes, The firms production is givin as Q= B+S. A- Graph the isoquant corresponding to 4 unites of output. B- What is the marginal product of capital and labor.
They argue that this will lead to lower prices for drugs because competitors will enter the market after the five-year period. Do you see any drawbacks to this proposal?
Given the game that was played in the experiment (i.e. h=0.5, v=10, cl = 2, ch = 6), what would be the payoffs to two players, if player 1 (the seller) posts price pl = 6 and ph = 8, player 2 (the customer) accepts if, neither liability nor verifiabi..
A hospital is a monopsonist in the market for nursing services in a city. At its profit-maximizing input combination, the elasticity of supply for nursing services is +1. What does this tell you about the magnitude of the marginal revenue product ..
If your nominal income rose by 5.3 percent and the price level rose by 3.8 percent in some year, by what percentage would your real income increase and what would be the change if the nominal income rose by 2.8 percent
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