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What is Marginal Utility? Why does it diminish? 2.Explain verbally and using appropriate math/symbols, the slope of the indifference curve. 3. Write out the equation for and explain the "Consumer Equilibrium Condition", or as it is sometimes labeled, the "Utility Maximization Rule".
Explain why one can refer to corporate debt as a covered call on the value of a corporation with a strike price at the level of the debt (principal plus interest). You can use the unit trust a “corporation” in your answer.
Analyze 1800 Flowers as an international company and write a paper using these things. Discuss the five major kinds of drivers of globalization as it applies to 1800 Flowers. Analyze the basic needs potential for the markets of 1800 Flowers. Analyze ..
Assume an economy with an aggregate production function of the form Y = 1.5K. If the nation’s population grows at 5%, the rate of depreciation is 3%, and the savings rate is 8%, what is the steady-state output per capita level?
Define Monetary Policy. Describe the impact that Monetary Policy has on our economy. Name the three major tools of Monetary Policy and describe how each one would be used to lower the money supply.
Calculate real growth per capita in the following countries
q1. george if purchases 4 sodas at 2 each he can buy 4 pretzels at 5 each. this will leave george with 0 dollars and 1
If the government passes a law requiring sellers of mopeds to send $200 to the government for every moped they sell, then
There is currently a surplus of allowance at the price of zero. What must be true of the relative positions of the market demand and supply curves? Explain. If the EPA were to allow firms to use allowances to emit sulfur dioxide as they did in the pa..
q.consider an economy with no production. the economy is endowed with 50 bushels of alfalfa a and 50 bushels of barley
Two goods have a cross price elasticity of demand of +1.2. These goods would be described as.If the price of one good increases by 5%, the demand for the other good, holding everything else the same, would change by.
Suppose that there is no growth in real GDP and inflation is equal to -2% per year. (Negative inflation is the same as deflation.) Measured in ducats, illustrate what will GDP be equal to next year.
A friend tells you that you should never be a patient in a teaching hospital because the death rate among patients in teaching hospitals is higher than in other hospitals. Interpret the meaning of the regression coefficient on the explanatory variabl..
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