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How does the introduction of cognition into consumer’s choice between healthy and unhealthy food affect marginal utility per dollar and the quantity of healthy and unhealthy food consumed? Assume utility is maximized.
a consummer has a revenue of i dollars. the prices of x and y are px and py. the utility function of the consummer is
What will the inflation rate be?
By observing an individual"s behavior in the situations outlined below, determine the relevant income elasticities of demand for each good (i.e., whether it is normal or inferior). If you cannot determine the income elasticity, what additional inform..
Monopolies are inefficient because A. a monopoly firm must compete, and competition is expensive B. a monopoly firm will always produce where price is equal to average total cost C. inefficiency is a barrier to entry D. a monopoly firm has no ince..
In what particular ways (if any) does a college education increase a worker's productivity? Take some special care with this problem.
Does it appear as though this firm is pricing its automobiles optimally? Why or why not? What advice would you give this firm with regards to its pricing policy and what would be the effect on the U.S. dollar-euro
ibm purchased computer chips from nec a japanese electronics concern and was billed yen250 million payable in three
assume there are two countries involved in a war. country a is considering invading country b through a bridge which is
Discuss a fiscal policy that has a societal and/or civic impact
You work for an online retail store. Your website is your source of e-commerce and represents about 50%-60% of your yearly sales. You are asked to conduct a quantitative risk analysis for your boss. She wants an idea of what it would cost the company..
consider the table below for the neighboring nations of northland and west coast. the table lists the maximum feasible
two very different commercial sectors produce a common airborne pollutant located in two different geographic regions.
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