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Q1. James' Marshallian demand function Clarifies the utility maximization problem that is max U = x1 + x2. As the cost of good 1 is $1 as well as the cost of good 2 is $2, as well as income is $400. Assume that cost 1 increases to p1' = 3. Determine the substitution effect, income effect as well as total effect. Sketch the graph as well as Clarify what type of good is.
Q2. Elucidate in detail how banks operate. Include a description of how banks generate profits?
Q3. Elucidate how is Economic Darwinism a major force on industries around the globe?
Your friend's monthly demand for minutes of calling is given by the equation 50, where p is the price of a minute.
Each firm can monitor the other's price very closely and can respond instantly
discuss how the company you selected should increase its competitive stance in the marketplace and how management would implement the recommendations. Provide specific examples to support your response.
He plans to marry at about the end of year 6 and will skip the investment contribution that year. How far below or above his $300,000 goal will he be?
Discuss the concept of resistance and how employees respond to major change; incorporate information from your own experiences as well as insights you have gained from this module.
Assume which winemakers in the state of Indiana petitioned the state government to tax wines imported from other states.
Outline any two reasons, why the marginal revenue product differs between workers in different jobs.
Illustrate what mix of central bank bond purchases also higher government spending is required to rise income by $6,000 without changing the interest rate
What did you add more specifics and associated reasons why you decided to recommend the course of action you selected and how you believe the course of action you selected might best be carried out.
Your boss has chosen you to give a presentation to a number of foreign officials regarding the United States Federal Reserve System.
Explain the implications of those classifications on tax revenue collections when the per-unit tax increases as opposed to decreases.
q.the government plans to rise state spending by 2bn in the next fiscal year. economists estimate that consumers will
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