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Question about indirect utility function
Show that the indirect utility fuction v(p,y) = [x1(p,y))^rho + (x2(p,y))^rho]^1/rho is a quasi convex function of prices and income
The following is a list of figures for a given year in billions of dollars. Calculate the GDP and NI.
Examination of the company for which you are currently working (or a company with which you are familiar). Answer the following questions regarding this company.
Show that the government can achieve the social optimum by setting the correct tax prices a, b, and c. What prices should it set?
Explain for each of the situations, decide either the bundle Lakshani is thinking about consuming is optimal or not.
Assume the price of every old edition microeonomic book. Determine the values of B and T that maximize Sam's utility.
List and explain the sources of expenditures in economy by focusing on the 4 major sectors of economy.
Government needs to eliminate the gap by changing expenditures. What policy would you suggest.
Illustrate role do property rights play in creating common property resources? Why are common property resources subject to market failure due to nonexcludability.
make the costs of compliance and non-compliance with regional trading bloc rules and regulations.
Describe the following from an economic perspective and give numerical examples:
Explain how banks and individuals can use "covered interest arbitrage" to protect themselves when they make international financial investments.
Elucidate entity establishes a price ceiling also does it require government sanction for violators
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