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You observe a consumer in two situations: with an income of $100 he buys 5 units of good 1 at a price of $10 per unit and 10 units of good 2 at a price of $5 per unit. With an income of $175 he buys 3 units of good 1 at a price of $15 per unit and 13 units of good 2 at a price of $10 per unit. Do the actions of this consumer conform to the basic axioms of consumer behaviour?
What is a market structure? Define and discuss in detail the differences between a monopoly, an oligopoly, perfect competition and monopolistic competition.
one reason for rising interest rates was the prospect of a refinancing issu; a $12 billion issue matures April 1 , and the governmoent is expected to seek some new money ,in excess of its refinancing needs. why dosent the government get the cente..
The table lists the maximum feasible hourly rates of the production of pastries if no sandwiches are produced and the maximum feasible hourly rates of the production of sandwiches if no pastries are produced.
Political corruption is epidemic in Russia today. What effect does this have on the Russian economy?
this question asks you to analyze the e ?ects of the introduction of a carbon scheme that was recently approved by the
A country recently passed a food stamp legislation. Qualified households are given food stamps, which can be used to purchase foods, but they cannot legally re-sell the food stamps
A competitive firm has the following quadratic total cost function: TC = 5Q2- 25Q + 300- Determine the firm's break-even points if the market price is P = $80.
the president of eec recently called a meeting to announce that one of the firms largest suppliers of component parts
IS Curve Exogenous Variables and Parameters Given the values in the table above, the real interest rate r = ________ when equilibrium output Y = 15.
Explain what peer group analysis means. As a financial manager, how could you use the results of peer group analysis to evaluate the performance of your firm How is a peer group different from an aspirant group
The learning effect is one form of: a)diversification b) creating value through increasing transactions costs c) creating value through stabilizing transactions costs, d) creating value through decreasing transactions costs
You are to complete columns TR and ATC in the chart and make a short-run recommendation, using one of the recommendation actions
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