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A certain series circuit consists of a 1/8 W resistor, a 1/4 W resistor, and a 1/2 W resistor. The total resistance is 1200. If each resistor is operating in the circuit at its maximum power dissipation, total current flow
Analyze the makeup and policies of the European Union and determine if all countries have benefited from their membership (larger vs. smaller countries)
Draw the consumers budget constraint
a professsionl society whoes dues are normally 100 per year is offering life memebrships for 1250. assume you are a
Let's assume the following information for an economy. C=10000+0.6Y I=2000 G=5000 X=600 M=400 [All the notations are standard as discussed in the class]. Find the size of the multiplier in this economy.
problem two plants production. a firm has two plants that produce the same good. the cost functions for the two plants
An investment is supposed to be a hedge against in?ation if its price and/or rate of return at least keeps pace with in?ation. To test this hypothesis, suppose you decide to ?t the following model, assuming the scatterplot in a suggests that this ..
Without free trade, Diamonique has market power as a local producer. Once free trade is implemented in the local economy, Diamonique is no longer able to raise its prices above competitive levels.
The Kinked and the monopolist demand curves are the same
Consider a Stackelberg game of quantity competition between two firms. Firm 1 is the leader and firm 2 is the follower. Market demand is described by the inverse demand function p = 100 ? 2Q.
How will these actions affect the macroeconomic variables in the short run: Price, output, and unemployment? What are the possible effects on the same variables in the long run?
In Greece, the participation rate (as percentage of working-age population) in 1998 for men aged 15-24 was 44.3%; aged 24-54, 94.2%; and aged 55-64, 57%. For the United States, these numbers were 68.4%, 91.8%, and 68.1%
At the beginning of the year, an audio engineer quit his job and gave up a salary of $175,000 per year to start his own business Sound Devices, Inc. The new company builds, installs and maintains custom audio equipment for businesses that require hig..
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