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Illustrate the effects on a consumer of a subsidy on education using indifference curves and budget constraints. Also illustrate the effects on a consumer's purchases of education of an unrestricted cash payment to her. (Hint: Use "education" and "all other goods" as the two goods she spends her income on.)
After calculating the sample size needed to estimate a population proportion to within 0.05, you have been told that the maximum allowable error (E) must be reduced to just 0.025.
Your mutual fund increased in value from $10 to $40 over the last 15 years. Illustrate what was the average annual return with continuous compounding for the mutual fund over the 15 year period.
q.suppose sam.com sell 3500 books on account for 11 each cost these book is 16500 on october 10 2012. one hundred of
Alliance, Inc. sells gas lamps to consumers through retail outlets. Total industry sales for Alliance's relevant market last year were $100 million, with Alliance's sales representing 5% of that total. Contribution margin is 25%. Alliance's sales for..
nasa please respond to the following analyze the methods used by nasa in itsstructured profit approach and speculate on
If the economy currently has a frictional unemployment rate of 2 percent, structural unemployment of 2 percent, seasonal unemployment of 0.5 percent, and cyclical unemployment of 2 percent, what is the natural rate of unemployment? Where is the econo..
How do Minimum Wage Laws affect the equilibrium in the Labor Market? For your selected product, if the government places a mandated price ABOVE the equilibrium price, how would this affect the market equilibrium?
A woman managing a photocopy establishment for $25,000.00 per year decides to open her own duplicating place.
The GDP deflator in 2000 is 100. The GDP deflator in 2010 is 127. If real GDP in 2000 is $10 trillion and nominal GDP in 2010 is $14 trillion, how much has real GDP grown over that time period?
Many professional sports athletes have incentive clauses in their contracts. These indicate tha: a) the team owner has asymmetric information b) the athlete might engage in moral hazard, which the team owner wishes to avoid. c)the athlete might engag..
Good People is currently selling beer for $3 per pint. The marginal cost of a pint is $.50. If we raise the price of the beer to $5, what percentage of customers must be maintained to ensure Good People at least stays even with the proposed price inc..
How do the demographic trends of two prominent East Asian countries, China and Japan, compare and contrast? What are some of the impacts of these trends, and what unique challenges does each country face as a result? How has the government for these ..
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