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Discuss what happens to Marginal Benefit (MB) and Marginal Cost (MC) curves of Insurance in the following cases:
A) Insurance Premiums decreases
B) Amount of loss covered by the insurance decreases
C) What happen to the equilibrium insurance level for both
To explore the implications of this view, suppose that an economy consumes all wage income and saves all capital income. Show that if the factors of production earn their marginal product, this economy reaches the Golden Rule level of capital.
A consumer must pay $10 per visit to an amusement park for the first five visits but only $5 per visit beyond five visits. What does the budget.
Assume that a very competitive start-up enters the market in direct competition with the oligopoly you described in the e-Activity.
What is regression's predicted earnings for a 25 year old worker. A 45 year old worker.
Brand X contains 20, 2 and 1 units of the minerals, while Brand Y contains 4, 1, 2 units of the minerals respectively. Brand X costs $18 per kg while Brand Y costs 6 per kg.
illustrate what was the size of the economy's recessionary, inflationary gap
What is expected salary of a CEO who has been with company for years. Construct a 95% confidence interval on prediction for average CEO who has been with company for 10 years.
Compute the expected value, the expected return, the variance and the standard deviation of an asset that requires a $1000 investment, but will return $850 half of the time and $1,250 the other half of the time.
This change undermines the marketplace for the replacement which is about twice the size of the marketplace for T3MP.
Suppose you and your roommate have started a bagel delivery service on campus. List some of your fixed costs and describe why they are fixed. List out some of your variable costs and describe why they are variable.
Illustrate what is economy's aggregate consumption function. Illustrate what is marginal propensity to consume for economy.
What are the key points in a short-run production function that delineate the three stages of production? Explain the relationship between the law of diminishing returns and the three stages of production.
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