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Posner (1998a, 114) notes that the facts of Sherwood v. Walker provide "some evidence that [the cow's] sale price included her value if pregnant, discounted\ (very drastically of course) by the probability of that happy eventuality." Should this evidence affect the court's decision regarding enforcement of the original contract?
? What is the relationship between the terms of trade in a world of two trading nations? How are the terms of trade measured in a world of more than two traded commodities?
How does capital help human productivity? Discuss this in relation to the following kinds of labor: farm labor, office help, teaching, government administration.
Using Hot Dogs, Graph the market and the individual supply, demand and costs for Hot dogs side by side. Make sure to include the S.R. and L.R profits.
suppose that an individuals demand curve for doctor visits per year is given bye the euqation p=100-25q, where q is the number of doctor visists per year and p is the price per visit. suppose also the that marginal cost of each doctor visit is $50..
Suppose imports are banned, raising the price to $0.30. Draw a graph to show the new equilibrium and identify the new equilibrium quantity.
What generalization can be drawn from the completed table There is insufficient data to make a generalization OR Bond price and interest rate are inversely related OR Bond price and interest rate are not related OR Bond price and interest rate are..
what was the quantity of money in 2011?
Evaluate the success or failure of India's policy of import substitution in its effort to industrialize after independence. Why was it so committed to such an approach?
Suppose that the price of apples falls to $12 per box, but the wage rate remains at $200. Now, live happley should hire? (1,2,3,4,5 workers) Assuming that all the apple-producing firms have a similar production schedule, a decrease in the price o..
Suppose that the residual sum of squares for the three regressions corresponding to the Chow test described in question 35 are 156.4, 76.2 and 61.9. What is the value of the Chow F-test statistic
What is her economic profit at the shut-down point?
A project your firm is considering for implementation has these estimated costs and revenues: an investment cost of $50,000; maintenance costs that start at $5,000 at end-of-year one and increase by $1,000 for each of the next four years, and then..
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