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An increase in R&D induced by, say, government subsidies could result in a higher rate of product obsolescence, with new products replacing older ones at a faster rate. How does this "side-effect" of the subsidies affect firms' incentives to invest in research? (Hint: distinguish between firms with and without market power.)
A HR Director for a medium size public company. Under Americans with Disabilities Act are the following workers entitled to a affordable accommodation and, if so, what would be affordable:
develop an application to track employee health care expenses and company health care costs. health care premiums
indicate whether or not each of the following examples of business behavior are legal or illegal under current
Consumer Buying Behavior
Whats her expected utility of having a car without insurance and what would be the price of a "Fair" full insurance plan? Would Chen buy full insurance for her car at this price
Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts:
The south african government is not providing enough welfare to the poor
what is the definition of price elasticity of demand? explain the relationship between price elasticity and total
Assume that the consumption of schedule for a private open economy is such that consumption C = 50 + 0.8Y. Assume further that planned investment Ig and net exports Xn are independent of the level of real GDP and constant at Ig = 30 and Xn = 10. Reca..
For each of points 'a', 'b', 'd' and 'e' on the graph, calculate the price elasticity of demand (PED) and state the nature of elasticity (e.g. perfectly inelastic) at that point.
a. the food and drug administration classifies tobacco an addictive substance.b. the congress votes to raise the excise
Mathew's utility function implies that the marginal utility of apples is 0.5vX/Y and the marginal utility of hotdogs is 0.5vY/X . How many apples and hotdogs will Mathew buy?
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