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Question: How would a decrease in expected interest rates over one's working life affect one's intertemporal budget constraint? How would it affect one's consumption/saving decision?
Suppose that an industry cartel wishes to keep a new entrant out of an industry. Cartel members can conduct "predatory pricing", where the cartel lowers its price until the entrant leaves, after which it returns it price to the cartel's optimal (m..
changes would you expect in the standard deviation for a portfolio
explain how a firm values the contribution of workers to its profitability.would a profit-maximizing competitive firm
Suppose the assumptions of the previous question hold, but unex- pectedly at time T the money stock jumps by an amount E. This jump is expected never to happen again. Solve for all endogenous variables.
suppose mary enjoys pepsi and coke according to the function upc 4c 5p.1what does her utility function say about her
IT would place more of a burden on the producers in the short run as frictional unemployment would result, but it would also take a heavy burden off the consumers purchasing the rice. would the frictional unemployment cause the net welfare to decre..
store-front web sites make money like many traditional business by selling products or services for a pre determined
Requires complete understanding of interactions between production and profit maximization. Be careful with the IF-THEN statement. If a competitive firm minimizes its costs of production subject to output, it then maximizes economic profit. True o..
Why is mutual interdependence important under oligopoly, but not so important under perfect competition, monopoly or monopolistic competition?
Define the role of the market for labor in economy. Explain relationship between the labor market and health, healthcare and the cost of healthcare services.
Provide one example of a "monopolistic competitive" market. Explain (a) how the individual output and price are determined in that market in the short run using your example, and (b) how do you expect this equilibrium to evolve in the long run..
Supposed that the government responds to complaints about adecrease in real wages as a result of immigration by legislating aminimum real wage that is equal to the real wage in thepre-immigration equilibrium.
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