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Explain why governments’ attempts to do better than free competitive markets in equilibrium at either deciding on what quantities should be produced or for what prices things should sell are likely to be a bad idea?
Consider an economy in which people wish to hold bank checking deposits worth a total of 5 million goods and currency worth 2 million goods in every period. In addition there is a stock of un intermediated capital worth 10 million goods. Find the tot..
q.here is the question i need help on suppose that in new crankshaft pennsylvania the quality distribution of the 4 000
A manager of a day-care center in Christchurch, New Zealand has a clearly stated policy that parents are supposed to pick up their children by 4pm (16:00). But often parents are late. Each week, there is an average of eight late pickups. To combat ta..
How might the firm deal with the problems that such a strategy poses?
What are the goals/objectives of judges (what do they maximize)? Filing fees: for the marginal case, the one that may or may not be filed the filing cost should equalt what?
Calculate a function M(α), which shows the maximized value of f that can be achieved, given any real number α. Is this function continuous? Assume that a consumer has the utility function U(x,y) = 3x+y, where x and y represent the quantities of two g..
As the Euro appreciates in value relative to the U.S. dollar, what happens to the price of U.S. goods in Europe. Elucidate what happens to the price of European goods in the U.S.
Your article shows money performing (or failing to perform) at least one of the following functions: (a) medium of exchange, (b) store of value, or (c) standard of value. Which one of those functions does it show? The event may have occurred in the p..
The demand for a product is Qd = A - Bp where A and B are positive constants. Suppose when the price is $1, the amount demanded is 60 and the elasticity of demand is -1. What are the values of A and B?
The NHFishercats are debating whether to build a new restroom in the leftfield area near the patio adjoining the bar/restaurant located there
Draw the MC cure for Guns in terms of the production of butter. If the economy produces 3000 guns per day, how much butter can it produce per day.
Elucidate the concept of the opportunity cost. your answer could consider opportunity cost in the context of the production possiblity curve.
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