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Explain the structure of the federal judicial system. What are the responsibilities of each part of the system?
Need the response to be at least 200 words
Suppose a person has $20 to spend on music and likes both rap music (R) and country music (C) with a set of preferences so that U=C^1/2R^1/2. Suppose that the iTunes price of a rap music song is PR=2 and the price of a country music song is PC=1. Wri..
The players are needed to simultaneously and independently select positive numbers. Find out the Nash equilibrium of this game.
Consider an economy described by the following equations: Y= C+I+G, Y= 5,000, G= 1,000, T= 1,000, C= 250 + 0.75(Y-T), I= 1,000 -50r. In this economy, compute private saving, public saving, and national saving.
What is the immigration surplus
Coke also Pepsi have their market dominance for nearly a century. General Motors also Ford have been hard hit by competition.
What institutions are prerequisite for economic growth? What is the role of rule of law in economic development?
Now, assume that a company comes to town and buys the entire sell Coca-Cola, creating a monopoly on Coca-cola. Assume that the cost curves for the new firm are the same as the perfectly competitive firm. in the new market, Coca-cola sells for 10.75, ..
The following data concern a new product to be launched by ABC Inc. Estimate the selling price per unit.
Which corporation's settlement obligations are expected to raise its standard total cost per pack by about $.60. Illustrate what effect with this have on its optimal price.
You went out to dinner one night and observed one of your patients drinking heavily. The next day the patient is to check into the hospital for a pre-scheduled surgery. Your colleague found out about this and stated the patient’s behavior was irratio..
If the economy decides to achieve the Golden Rule level of capital also actually reaches it, illustrate what will be the marginal product of capital.
How to show effects on consumer/producer surplus by opening up to trade?
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