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Q. Omar's marginal utility for cups of coffee is constant at 1.5 utils every cup no matter elucidate how many cups he drinks. His marginal utility every doughnut is 10 for the 1st doughnut he eats, 9 for the second also so on (declining by 1 util every additional doughnut). Coffee also doughnuts each cost 1$. Omar has a budget he can spend on coffee, doughnuts, or both. Elucidate how big would that budget have to be before he would spend a dollar buying a 1st cup of coffee?
Free zone would happen if the central bank lowered the federal funds rate and buy securities on the open market.
During this time period, a weather phenomenon called the Dust Bowl also occurred. Conduct an Internet search on The Dust Bowl to discover more about it.
Changes in disposable income affect government purchases and the government purchase function. How do changes in net taxes affect the consumption function.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit?
Suppose that a pay equity plan has just been put in place in your organization. The pay equity consulting firm did a job evaluation and assigned points to each of the male-dominated and female-dominated jobs.
Assume that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000.
Illustrate what is the expected annual demand also the total revenue corresponding to your recommended price
If this price floor is implemented, how many units of pork will the government are forced to buy to keep the price at $2.25.
then an initial increase in aggregate demand of $100 billion will eventually shift the aggregate demand curve to the right by.
Suppose that there is a unit mass of consumers who are uniformly distributed on the segment[0,1]. Two firms are located on the line and sell identical products.
Use calculations to examine the alternatives available to Assiniboine Narrows. Then, based on your calculations, make a recommendation as to the preferred course of action.
Illustrate what factors seem to be most important in determining development also why
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