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Q1. If Michael has $48 to spend on cola and pretzels, what combination should he purchase in order to maximize his utility?
Q2. Suppose the interest rate on new issues of Canada Savings Bonds is 5% per year and the federal income tax rate on nominal interest earnings is 40%. If the inflation rate is 3%, then an investor's after-tax real rate of return on Canada savings Bonds is
Q3. If you are near graduation and plan to start your new job in 3 weeks, how does the Bureau of labor statistics classify you? Unemployed, employed or notin labor force?
Aside from retail sales and marketing, identify and discuss two ways that a business could reduce costs or increase profits by using the Internet or Web applications.
Provided Ajax's pricing strategy, illustrate what is marginal revenue function for Ajax.Compute profit-maximizing level of output for Ajax.
If we had efficiency in the duopoly, what would the market quantity and price be? How does this compare to your answer?
george is seen to place an even-money 100000 bet on the bulls to win the nba championship.if george has a logarithmic
When the competition is intense and the environment is changing rapidly, it is especially important to
Joe's search costs are $7 per search. He wants to buy a DVD player for his wife for Christmas and lowest price he's found so far is $200. Should Joe continue to search or buy a DVD player at a price of $200.
If the company were to build the bridge, illustrate what would be its profit-maximizing price. Would that be the efficient level of output.
The costs of expected inflation cause productive resources of an economy to be directed away from their efficient allocation. Explain how each of the following costs of expected inflation distrot the allocation of productive resources:
Elucidate how which any two pure strategy equilibria of a zero-sum game are interchangeable also equivalent.
the government implements a 25% tax on labor income as a way to raise revenue. Calculate the excess burden resulting from this tax, and illustrate your answer with a graph
Assume that household consumption decision suddenly become less sensitive to change in the rate of interest.
Companies that reduce their margins on export products in the face of appreciation of their home currency may be motivated by a desire to
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