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Q.Given Yue's utility function U (x,y) = 10x + 7y 1.Is MRSx,y diminishing, constant, or increasing as the consumer substitutes x for y along an indifference curve? ExplainQ.Di's utility function is U(x,y) = x^2 y^0.51.Does the marginal utility of x diminish, remain constant, or increase as the consumer buys more x? Explain
Should you make her an offer at the salary or continue the interviewing process. Explain
illustrate what feature of the value function explains the phenomenon, and how.
Elucidate how formal organizations have evolved over the past century. What differences were there in organizations a century ago, compared to today's organizations.
If the prices of pizza and submarine sandwiches double and so does Michael's money income, we can compute that Michael's budget constraint will.
Why would a US company choose to export a product to India rather than license India the right to produce the product locally
Give an example of how nations can benefit from trade on the basis of comparative advantage. Explain how both parties can share in the gains from trade.
Compute the expected value, the expected return, the variance and the standard deviation of an asset that requires a $1000 investment, but will return $850 half of the time and $1,250 the other half of the time.
illustrate what is the real GDP in every yr, given which the price index has risen from 100 to 104.5 in the 1st yr also up to 108.3 in the 2nd yr.
If a second McDonald's franchise, Mac Junior, was to move into Obscure City. Elucidate what is the market price that would prevail at equilibrium in a Cournot oligopoly.
Adjust the benefit or cost curve or both to illustrate the private also social benefits also costs in the market for electricity.
Bob as well as Nancy live in a new housing development as well as they would like to have fire hydrants installed to assist the fire department in case of a fire.
Describe, using complete sentences, at least three specific features which your ideal bank would provide to you.
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