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The marginal rate of substitution between bundles V and Z isa. greater than the marginal rate of substitution between bundles Z and T.b. less than the marginal rate of substitution between bundles Z and T.c. equal to the marginal rate of substitution between bundles Z and T.d. We are unable to compare the marginal rates of substitution.
A free-market republican argues against the Pigouvian tax by pointing out that the conditions necessary for the Coase Theorem to produce an efficient equilibrium are present in this situation. Assuming that the republican is correct, describe two met..
Difference between microeconomics and macroeconomics and Keynesian and Classical models.
You buy a bond for $1118 that pays $20 interest every 6 months. It will reach maturity in 9 years at which time it will return its face value of $1000 plus the final $20 interest payment. What is the pre-tax annual rate of return on this bond? Estima..
Businesses usually decide in using automation and labor in production. An automotive environment may have high fixed costs and low variable costs,
What is the approximate Herfindahl index? What is the four-firm concentration ratio?
A. How would this impact policymakers' ability to use policy B. What would Congress be forced to do during a recession What is the mostly likely impact of the policy
Which tool do you think is most commonly used If the Fed wanted to decrease the supply of money in the economy, would the Fed buy or sell securities in the open market and what would be the first effect of this policy.
The US army corps of engineers is considering the feasibility of constructing a small flood control dam in an existing arroyo. The initial cost of the project will be $2.2 million, with inspection and upkeep cost of $10,000 per year. in addition, min..
Neilsen Media Research wishes to pretest a questionnaire to be mailed to many thousand spectators. One question involves the ranking of male and female college students
Should the aircraft carrier be built?
Small firms can discover the abilities of their workers more quickly than large ones because they can observe the workers more closely at a variety of tasks. Does it then make sense for people with high abilities to go to small firms
Can two preferences curves intersect and How do these demand functions change if PB increases and Find the linear demand function and Find the elasticity of the demand
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