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Express the following sets using specification:
(a) Set of real numbers between and including -20 and 100.
(b) Set of real negative numbers with absolute values greater than 200.
(c) Set of integer numbers whose squares are greater than 100 and less than 5000.
(d) Set of real numbers with inverse greater than 10.
(e) Set of real numbers with cubic roots less than 250.
All the right-to-work state is in the south? Almost all right-to-work states are in the North and West. Nearly half states have right-to-work laws. Right-to-work laws have made union organizing much easier
If the government imposes a $1 per-unit tax, how do the marginal, average total, and average variable costs change? What if instead the government imposes a $100 per-firm tax?
George caught 300 fish and 10 wild boars. John grew 300 bunches of bananas. The 2 person economy that George & John set up, fish sell for 1 clamshell each, boars sell for 10 clamshell each
the demand for labor is said to be a derived demand. what is the meaning of a derived demand? how does this concept
You are the chief economic adviser in a small open economy with a floating-exchange-rate system. Your boss, the president of the country, wishes to increase the level of output in the short run in order to win re-election.
a) A firm's short run inverse demand function is given by p=150-2q. The short run cost function is C=1500+50q. The fixed cost of 1500 is rent on a building and is unavoidable in the short run. What is the short run profit-maximizing quantity and pric..
The long-run equilibrium for a perfectly competitive industry occurs when the firms are earning economic profits of zero. Why would firm stay in business if it is making zero economic profits
Ray has $120 to spend on pizza in a week. There is only one pizza restaurant in town, and it sells two sizes of pizza: regular (R) and large (L). The regular has 20 square inches of pizza and the large has 30 square inches of pizza
JG Asset Services is recommending that you invest $1,500 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. How much will you have when the CD matures?
Which of the following statements concerning the Humphrey-Hawkins Act's unemployment and inflation targets is correct - An increase in the number of inexperienced workers in the labor force is likely to increase the unemployment rate relative to the..
Businesses often decide between using automation and labor in production. An automotive environment may have high fixed costs and low variable costs.
Suppose that Expresso and Beantown are the only two firms that sell coffee. The following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises:
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