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assuming that the marginal utility of the first four pieces of candy was 30, 28, 24, and 18 respectively, how much total utily was derived from eating three pieces of candy?
a)58 b)54 c)82 d)100
Calculate nominal GDP in 2006 and in 2007 and the percentage increase in nominal GDP between 2006 and 2007.
In some states, mining for coal leaves large amounts of rubble, which poses flooding problems; causes land damage also is unsightly.
How might this potentially benefit students? What problems might high schools and colleges face in trying to help students evaluate the future earnings' prospects of various jobs?
What is the marginal rate of substitution (MRS) and why does it diminish as the consumer substitute's one product for another. Use examples to illustrate.
What is the impact of a tax cut in an economy operating under a fixed exchange rate regime on household spending, interest rates.
What is the difference between the national debt and privately held federal debt? Why is the distenction between the two important?
how does development of personal computer hardware and software reversed some of the trends brought on by the industrial revolution.
What can you determine about consumer demand for your product from this information.
What happens to price of a bond that pays a fixed percent of face value every year when interest rates in economy increase.
Illustrate what is the four industry concentration ratio of the hamburger organization in this town.
label a level of population at which the population is expected to decline. Why is the population dexlining at this point?
Suppose a firm's average cost is R30 at 5 units of output and R32 at 6 units of output. The marginal cost of producing the sixth unit is R42. Is it true or false.
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