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What are the major theoretical rationales behind the ISI (import substitution industrialization) strategy? How do you evaluate its success and/or failure? What developments were responsible for its termination in most Third World countries?
Suppose a manufacturer produces a product that it sells to retailers who sell it to consumers. Consumer demand for the product is given by inverse demand curve: P = 100 – Q. The marginal cost of production for the manufacturer is 20.
Illustrate what would happen to the profits CPI makes via their toothpaste division.
Illustrate what happens if the insurance plan reduces the deductible to zero. What happens if the coinsurance rate is increased.
Given that the own-price elasticity of demand for shirts is -0.5, if the price of shirts decreases by 10%, what will happen to the quantity demanded of shirts?
Suppose that Noah and Naomi’s weekly production function is F (L, K) = 10L + K, where L is the number of assembly workers (labor) and K is garage space (capital). What is the general formula for their family of isoquants?
q. 1. suppose at columbia university grade point average gpa and sat scores are related by the conditional expectation
What happens to the optimal coinsurance rate β (insurance demand), if we vary policyholder's level of risk aversion? What happens to the optimal coinsurance rate β (insurance demand), if we vary policyholder's wealth w? What happens to the optimal co..
Illustrate what is happening to the U.S. real exchange rate in each of the following situations. Explain. The U.S. nominal exchange rate is unchanged, but prices rise faster in the U.S. than abroad.
What price are individuals with $5,000 in the bank willing to pay for the insurance. Will those with $5,000 in the bank voluntarily purchase insurance.
Discuss equations for and graph the variable cost, average variable cost, and marginal cost of cleaning classrooms.
Calculate and compare the profit under each flight. Should the airline replace its night flight from Los Angeles with a morning flight?
Elucidate the correlation between this increases also labor participation rates by gender over the same period
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