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Risk utility
If you take away $1 from a rich person and give it to a poor person, the rich person loses less utility than the poor person gains. Agree or disagree. Defend your answer with economic principles and the reasons why.
Suppose the costs also benefits incur at the end of the year, should the city buy the trucks.
What is the expenditure multiplier-explain this briefly? What does it multiply? When an economy is in equilibrium what the size of unplanned inventories is?
Given the price elasticity of demand for two products & marginal cost, determine the optimal markups and prices under third-degree price discrimination.
Marketing research shows that the price elasticity demand coefficient for the widgets
Elucidate at what price also quantity will marginal revenue be zero. At what price and quantity will marginal revenue be maximized.
How large is the desired fiscal stimulus. Explain by how much do income taxes have to be raised to get that restraint.
Explain how do the principles of microeconomics which you have leaned in this course apply to other nations.
Calculate the predicted 2001 operating benifit for Con Agra and the percentage increase in operating profit.
Suppose the cross price elasticity of demand among peanut butter and grape jelly is negative.
Does not economic growth and the innovation that generates it, produce more and more substitutes or new discoveries of reserves
Income at a major cellular telephone manufacturer when it decreased the average selling price of its phones.
Suppose a friend you know requires a mortgage loan to purchase a house. Your friend can purchase it now or wait until later and is unsure of what to do.
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