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1.What are perfect substitutes? Give some real world examples. What do their indifference curves look like? Can you give a utility function for perfect substitutes?
2.What are perfect complements? Give some real world examples. What do their indifference curves look like? Can you give a utility function for perfect complements?
Show the impact on the equilibrium price and quantity that results from; (1) an increase in demand and (2) an increase in supply.
The last federal budget surplus was in which of these years - During inflations who would tend to call for more taxes?
In any city at any time, some of the stock of usable office space is vacant. This vacant office space is unemployed capital. How would you explain this phenomenon Is it a social problem
consider the following 2007 data for newark general hospital in millions of
sometimes a bidder on a work contract may bid lower than what would maximize hisher profit from the contract and the
If a nominal annual interest rate of 9.532% with continuous compounding is assumed, calculate the values and the payback period
How to analyze a ANOVA single factor survey results? There were 30 questions asked to 35 people regarding stress factors at work.
Discuss the differences between horizontal, vertical and conglomerate mergers and how those differ from a joint venture.
Now suppose there is another country called Lotech which has not seen the innovations in credit cards and ATMs that Hitech has. If the rate of money growth and the growth rate of real GDP were the same in Hitech and Lotech over this period, then h..
You have to prepare a paper on Social Perception on Professional Athletes.
What must be true of the labor market demand of industries in order for labor market economies to occur? Explain why the clustering of firms facilitates the shift of workers from unsuccessful to successful firms.
The Parkview Hospital is considering the purchase of a new autoclave. This equipment will cost $150,000. This asset will be depreciated using an MACRS (GDS) recovery period of three years. The depreciation amount in the second year is:
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