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About 80% of the U.S. federal money that could have been spent on the project could alternatively have been used to improve the subway system. Is this fact relevant for estimating the net benefit of the project? If your answer is yes, compare a reasonable estimate of the net benefit of the MO project when the federal money could be used in this alternative way to the net benefit of the MO project if the federal money could only be used for highway construction. If your answer is no, explain why the possible alternative use of the funds is irrelevant.
Each bundle that the consumer chooses, draw the indifference curve that goes through that bundle.
Intellectual property refers to the rights of intangible property (IP) such as copyright, trademark, patents, and trade secrets. Explain the rights and responsibilities a company has in protecting its IP and the employees' responsibilities in protect..
What lump sum of money (P) must be deposited into a bank account at the present time so that $500/month (A) can be withdrawn for five years (N), with the first withdrawal scheduled 6 years from today at a nominal interest rate (r) of 9% per year? [Hi..
q1. suppose we have two economies- lets call them earth and mars- that are identical except that one begins with a
Calculate the price and quantity associated with the perfectly competitive outcome.
An automatic veto that occurs when Congress goes out of session within ten days of submitting a bill to the president and the president has not signed it, is known as
He plans to marry at about the end of year 6 and will skip the investment contribution that year. How far below or above his $300,000 goal will he be?
Dusty derives utility from 3 goods: music (M), wine (W), and cheese (C). His utility function is given by: u(M,W,C) = M + 2W + C. Show that Dusty’s MRS of wine for cheese is constant for all values of W and C on the indifference curves calculated in ..
In your own words, explain the farmer’s optimal solution in the free market using marginal cost analysis. How might this solution be suboptimal from society’s perspective? Explain who benefits and is harmed under the free market solution. Explain who..
If the Bank of Canada sells 100 million worth of bonds to the public in an open market operation. What level of output will the firm choose? Is the firm making a profit.
Introduction Our group has decided to analyze the Taco Bell restaurant on xxx WT Harris Blvd. Taco Bell is a fast food restaurant with a seating capacity of xxx. Etc. We have chosen 5 items to analyze and have presented them below. Etc. OVER 2. Optim..
Various executive compensation plans have been employed to motivate managers to make decisions that maximize shareholder wealth. These include:
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