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Mylie's total utility from singing the same song over and over is 50 utils after one repetition, 90 utils after two repetitions, 70 utils after three repetitions, 20 utils after four repetitions, 250 utils after five repetitions, and 2200 utils after six repetitions. Write down her marginal utility for each repetition. Once Mylie's total utility begins to decrease, does each additional singing of the song hurt more than the previous one or less than the previous one?
Plot the wage- setting and price setting equation or a property labelled graph and identity the nature rate of unemployment.
Consider the Figure below that represents a perfectly competitive firm
Two ways in which sectionalism caused conflict or tension in the United States during the early 1800s.and explain how sectionalism affects economics and politics in the United States today.
Suppose that work hours in New Zombie are 300 in year 1 and productivity is $14 per hour worked. What is New Zombie's real GDP? _____$ If work hours increase to 320 in year 2 and productivity rises to $16 per hour, what is New Zombie's rate of econ..
What is the current total investment? b) What is the current unintended investment? c) Is this an equilibrium outcome? d) What do the Keynesians say will happen to real GDP?
Determine your interpretation as to whether or not capital gains taxes should be increased or decreased? Should general income taxes be increased or decreased?
Provide each of the subsiquent price elasticities, determine whether marginal revenue is positive, negative, or zero.
As we all know, at current it is illegal for parents who want to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt.
Discuss what has occurred to change the demand for or the supply of the meats, market prices of the meats and its price elasticity of demand.
Field discusses the key threats to sustainable management of forests and agricultural resources. First summarize these threats. Then,
The division of taxing also expenditure functions between various levels government.
Elucidate what does the US government hope to achieve through the use of its antitrust policy.
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