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Determine whether the following linear programming problem is infeasible, unbounded, or has multiple optimal solutions. Draw a graph and explain your conclusion.
Maximize 50x + 100ySubject to:2x + y > 152x + 2y < 10y > 5x, y > 0
Each demand curve must eventually hit the quantity axis because with limited incomes there is always a price so high that there is no demand for the good.
Illustrate which tool is used most frequently. Illustrate what are two limitations on the money expansion process.
Assume you also have the following additional macroeconomic information of Bush Garden economy in the context of Keynesian Expenditure model.
Depends on this information, elucidate the effect on the consumption of cereal.
Briefly accounting describe two limitations of national income. On the basis of these data calculate GDP, GNP, NDP, NI, PI, and disposable personal income.
Elucidate the fiscal policy also which factors limit its effect.
You have just won a lottery! You will receive $50,000 a year beginning one year from now for twenty years. If your required rate of return is 10 percent,
You are the adviser to a Benevolent Social Planner. GDP is falling also the economy is in a recession.
submit a single page with two graphs or tables on it displaying this information. Write a short paragraph or two that says what the data show.
Assuming the phone company has to charge the same monthly rental fee and unit price to all its customers, at what level should it set these charges?
Discribe in detail ONE factor of how government involvement in the marketplace can impact or not impact the economy.
Prove that a risk-averse von Neumann-Morgenstern perticular will over-insure, fully-insure, or under-insure according as the insurance is available
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