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I: Firms often face the problem of allocating an input in fixed supply among different products. Find the optimal crude oil allocation for the following example if the profit associated with square foot of fiber is cut to $0.375, while the profit associated with per gallon of gasoline stayed at $0.50.
II
What is the total market demand for poly-glue at the price established by Alchemy. How much of the total demand will the follower firms supply.
Suppose a woman marries her butler. After they are married, her husband continues to wait on her as before, and she continues to support him as before (but as a husband rather than as an employee). how does the marriage affect GDP? how should it a..
Illustrate what are the concepts gender planning, gender budgeting and gender mainstreaming mean.
Draw his budget constraint in terms of S and T. What is the slope of the budget constraint and how does it relate to the relative price.
In the model for airline seat pricing, we studied the case of non-refundable tickets. What if the airline offers refundable business class tickets. You can buy a business class ticket and return it for a full refund if you do not fly.
The United States simultaneously limits imports of ethanol for fuel purposes also provides incentives for the utilize of ethanol in gasoline which raise the price of ethanol by about 15 percent.
how can two countries both be better off as a result of trade? how can tariffs protect u.s. jobs? do tariffs lead to a
illustrate what would be the government spending multiplier. What would be the taxation multiplier.
Green home is define as an Energy Efficient Home using Energy Star Rating. The cost doesn't have to be exact, all I need is how to formulate my Cost Benefit Analysis and how to compute my ROI or Pay Back Time.
The college has annual fixed costs of $10 million, also the variable cost for every additional student is $5,000.
Use the circular flow model to provide a picture of how households, firms, and governments interact in the US economy and how the US and other economies interact in the global economy
Does the patent system encourage duplicative efforts solely for the chance to be first.
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