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Question: 1. Explain the meaning of IS curve. Why does it have a negative slope? What factors determine the flatness or steepness of the IS curve?
What is your line balance if peak demand is 450 wires per day? What is the assembly line efficiency for each line balance solution.
What is the own price elasticity of demand when price is $100? Is demand elastic or inelastic at this price? What would happen to the firm’s revenue if it decided to charge a price above $100? What price should you charge in order to maximize the fir..
In the movie Princess Bride, the hero disguised as the pirate Westley is engaged in a game of wits with the villain Vizzini. Westley puts poison in either his own glass of wine or in Vizzini's glass. Construct the payoff matrix for this game. Assume ..
According to Bacon, the objects of scientific inquiry were phenomena that could be found by unaided senses. Thinking of present day today, we live in a world with advanced technology and super machines, would Bacon change his views if he were alive? ..
Bleacher tickets for the game were sold out and many fans would have attended if tickets were available? What is the main rationing mechanism to allocate tickets for the game?
Given the market for corn in equilibrium, show the effect on price and quantity of the following simultaneous occurrences: Good weather results in a 10% increase in the harvest of corn.
Public health information can be broadcast at a cost of $100. Public health information is a pure public good, in that many people can use the information simultaneously and preventing people from using the information is very difficult. At a price o..
The south End bookstore has an annual profit of $370,000. The owner i considering opening a second book store on the north sde of the campus. He can lease an existing building for 5 years with an option to continue te lease for a second 5-year period..
If nominal GDP decreases this will:
A local landfill currently charges $100 per half ton load of waste to dump. The marginal costs to the landfill of operating the dump are about $60 per half ton load of waste. Assuming the landfill pricing is dynamically efficient, what is the MUC of ..
Discuss the phrase "Manifest Destiny" and the economic and political issues raised by Manifest Destiny.
As the number of explanatory variables in a regression increases, the R of the regression
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