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Over the last decade, the presence of emerging economies has been felt in both developing and developed nations. Do you think United States corporations should seize the opportunity and forge partnerships with these emerging economies?
Gordon also works 5 hours a week for the economics department to maintain that departments web page. Illustrate the economics department pays gordon $20 per hour.
Write down a utility function that represents Britney's preferences over dresses also hats.
q1. your employer asks you to calculate the present value for a project that will result in an immediate financial
Consider a perfectly competitive industry in which the inverse demand is given by p(y)=2001-2y and each firm has the following cost function : c (y)=(1/3)y^3+18 for y>0, c(y)=0 for y=0., In the long-run equilibrium, what price will be charged for the..
A concerned Congress votes to impose a price floor $2 above the equilibrium price. Illustrate what is the new market price.
All firms in a Cournot monopolistically competitive industry have the same cost function C(q) = 25 + 40q. Market demand is Q(p) = 140 − p. Calculate the equilibrium price, firm output, total output, and number of firms in the industry.
An engineer invested $10,000 in the stock market. For the first six years, the average return was 8% annually. For the next four years, the return as 4% annually. What is the value of the account after 10 years? What is the effective annual rate of r..
Which of the below transaction(s) are included in the GDP calculations for the Year of 2012?
Show the effects of an increase in the total factor productivity, z, on the Laffer curve, on the equilibrium tax rate, and on consumption, leisure, the quantity of labor supplied, and output.
If there are fixed costs of production in a competitive industry, the q that solves the firm’s first-order condition
What is being held constant when a demand curve for a specific product (shoes or apples, for example) is constructed? Explain why the demand curve for a product slopes downward to the right.
For each of the following utility functions, calculate (or figure out) the MRS and sketch out an indifference curve for U=4, plotting at least 2 points on each curve, and explain whether the preferences violate the diminishing MRS or convexity of ind..
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