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Answer the following.
1) Deceit Sara's optimal stock of health capital at age 18, with a high school diploma and a wage of $8 per hour.
2) Suppose that she invests in a college education, expecting to get a better and higher wage job. Show how her optimal stock of health capital changes by the age of 30 due to the increased wage. Then, show how her education would affect her optimal health stock if education also made her a more efficient producer of health.
The government is considering a policy to reduce air pollution by restricting the use of "dirty" fuels by factories. In deciding whether to implement the policy, how, if at all, should the likely effects of the policy on real GDP be taken into acc..
Calculate the price elasticity of demand for Einstein's Bagels and explain what it means. Derive an expression for the (inverse) demand curve for Einsteins's Bagels.
Suppose your parking lot has two different customers who use it at two times. Daily commuters use it during the daytime, adnsports fans use it at different times to park at sporting events.
Your report should be approximately two pages in length, you should use diagrams wherever appropriate and clearly state any assumptions underpinning your analysis.
Your firm produces two products, Q1 and Q2. An economic consulting firm has estimated your cost function to be C (Q1, Q2) = 100 + Q1Q2 + (Q1)^2 + (Q2)^2. Are there economies of scope?
a monopolist has a constant marginal and average cost of 10 and faces a demand curve of qd 1000 - 10p. marginal
Question 1. How is the life-cycle pattern of income related to the measurement of income equality at a point in time? What are the differences between social insurance programs and income assistance programs?
What are the optimal tax rates that the government should impose on each good?
Industry and general pattern of change and hypothesize the basic short-run and long-run in a market economy
joe browns dairy operates in a perfectly competitive marketplace. joes machinery costs 500 per day and is the only
suppose that there is a decline in the cost of a unit of capital. in the long runa. what will be the substitution
question 1 evaluate the mu of x nbspin the following utility functions at x10nbspquestion 2.suppose you obtain utility
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