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If the elasticity of crime with respect to the number of police is estimated to be -0.5 and the number of police fell by 5% and, over that same time period, homicide rates increased by 20% then
a. 15% of the increase in the homicide rate can be attributed to the decrease in the number
b. 12.5% of the increase in the homicide rate can be attributed to the decrease in the number of police
c. 2.5% of the increase in the homicide rate can be attributed to the decrease in the number of police
d. 17.5% of the increase in the homicide rate can be attributed to the decrease in the number of police
The owner of a small chain of gasoline stations
what is the effect on the price of a recordable cd and the quantity of recordable cds sold ifa. the price of an mp3
Discuss at least four characteristics of a good business and identify and talk about at least four companies that you regard as having the characteristics of good business.
A profit-maximizing firm in a perfectly competitive industry should select the output level at which the difference between the market price and marginal cost is greatest.
you are an administrator for the contoso corporation. the contoso corporation has two 2 large sites. the corporate
Megatrust Bank had historically scrutinized loans very carefully and extended them only to persons whom they considered very creditworthy. They made relatively few loans. However, after the government provided guarantees to sub-prime loans
Pam has made her best affordable choice of cookies and granola bars. She spends all of her weekly income on 30 cookies at $1 each and 5 granola bars at $2 each. Next week, she expects the price of a cookie to fall to 50 cents and the price of ..
problem 1if the optimal number of facilities that minimizes the total logistical cost for a certain supply chain is
Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury sedans, pickup trucks and compact cars. What fundamental economic question are they addressing by making this range of products.
What function does money play for Dash, Crunch, and Bolt? Explain why Johnny's money is or is not part of the M1,and/or M2 money supply.
questionnbspdo brief research on asean economic community aec and discuss on the following questions how does the aec
A firm that has total fixed costs of $40,000 sells its output for $250 per unit and has an average variable cost of $150. If the firm's cost and revenue curves are linear, how much output must the firm product to break even?
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