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How does virtue theory apply to both the decision maker and the act under consideration by that party? Explain.
Suppose three firms compete in prices in an homogeneous good market. Their costs are the same, mc = 10 (marginal cost). Find the equilibrium prices of this game. (Are there many equilibria? If so, notice what all of them have in common).
q1. mark consumes only cookies and books. at his current consumption bundle his marginal utility from books is 10 and
q1. what is the capitalized cost of expenditures of 3000000 now 50000 in months 1 through 12 100000 in months 13
What is the smallest per product unit subsidy that must be paid to the monopolist in order to induce it to produce 7 units of its product?
What will happen to the rate of inflation? How would the central bank react to the change in velocity if it pursued an NGDP target instead of a money stock target?
When most consumers and firms reduce spending only because they expect other consumers and firms to reduce spending, and a recession results, A. a real-business-downturn has occurred. B. a self-correction has occurred. C. a coordination failure has o..
Suppose you purchase a $1500 laptop, a three-year asset, and sell it the next year for $400. What is the change in net cash flow in the year of sale when your tax rate is 40%?
q1. markets left alone always tend to equilibrate that is find their way back to the equilibrium point. what is
the student has decided to save money in equal monthly amounts for 48 months and then pay cash. If the student earns 0.75% per month interest on the money she saves, how much money is the monthly savings?
The opportunity cost of consuming good A is lower than the opportunity cost of consuming good B.
Suppose there is an increase in the population growth rate. Show graphically how this affects the growth rate of both output per capita and total output in the short and the long run.
the achievement of which will not selectively also materially benefit the membership or the activities of the organization" are called.
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