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Suppose that the cost of eradicating polio from a society of 1,000 persons is $5 per person. Also suppose that only two persons in that society will benefit from that policy, and the benefit to each of those persons is $2,000. Then what is the social surplus created by eradicating polio?
q1. illustrate what is the mechanism by which an aggregate demand recession is transmitted from one country to
How does an increase in the saving rate affect the break even and actual investment curves in the Solow model? Use graphs also.
The gap between a country's potential output and its consumption is most directly related to its:
The publisher of a new book figures fixed cost at $92,000 and variable cost at $2.10 for each book produced. If the book is sold to distributors for $15 each, how many must be sold for the publisher to break even?
What is the difference between the national debt and privately held federal debt? Why is the distenction between the two important?
Identify opportunity cost of increase divestment. What will happen to future production possibilities if investment increases.
Consider a piece-rate-tournament experiment like in the Niederle and Vesterlund paper but with groups of 2: 1 man and 1 woman, both of whom maximize expected value. Calculate the expected value payoffs from piece-rate and from tournament pay for men..
q1. the third largest city of a country has a population of 12.5 million. using the ranksize rule what is the
Discuss the pros and cons of monopoly structures. Cite the forces that influence the supply of labor. Explain why the labor demand curve slopes down word
Purchase the machine it is currently renting for $150,000. This machine will require $20,000 every year in ongoing maintenance expense.
If columns (1) and (3) of the demand data shown above are this firm's demand schedule, Illustrate what and how much will be the profit-maximizing level of output for the firm.
q.the muffler on your car suddenly needs repair also there are only two automobile repair shops in town. you drive to
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