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Eggebeen et al. (2010) found that men who at some point in their lives as fathers are more likely to have altruistic social relationships and be involved in community service organizations. The result was reported in the popular press (Jacobs 2009) as "Fatherhood... alters a man's neurochemistry, increasing his ability to cope with stress and generally making him a better mate. Just-published research suggests the benefits of this transformation extend far beyond one's immediate family and remain robust as the years go by." Are the conclusions drawn by the popular press article defendable? Why or why not?
Explain how large an income tax cut is needed Alternatively Explain how much more government spending would achieve the target.
Suppose the demand for oranges in the U.S. is: P = 5.35 - .012 Q. Using the midpoint formula, what is the elasticity of demand for oranges at $3 per box? What happens to total revenues from oranges due to the freeze? Why?
q1. the simple is-lm model predicts which cutting the governments budget deficit will reduce output in the short-run.
Illustrate what whould be the appropriate elasticity to compute. Using the midpoint method, compute this elasticity.
Calculate the four combinations of outputs of corn and rice for these 4 plans.
Suppose you are choosing between milk and cookies. If the opportunity cost of cookies in terms of milk increases, then the budget curve will: A. An inward rotation of the budget curve B. An outward rotation of the budget curve C. A parallel outward s..
What price and quantity will prevail if the monopolist isn’t regulated? What price-output combination would exist with efficient pricing (MC = P)?
The short-run and long-run effects of this change for the levels of per-capita output, and the growth rates of (total) output and per-capita output.
The special demand structure that induces a firm to use a cross-subsidization strategy is:
q.clarify the two different sources of earnings differences in the labor market. then separately for differences by
Average cost of producing 70 pies in batches of ten is $5.00 per pie and the average cost of producing 80 pies in batches of ten is $4.50 per pie. Elucidate the marginal cost of the 8th batch of pies.
Every day, Ivan buys 2 cups of coffee and a sandwich for lunch. The price of coffee is $2 per cup and the price of a sandwich is $5. Ivan’s choice of lunch maximizes his utility, and he spends only $9 on lunch. Compare Ivan’s marginal utility for cof..
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