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A city called "Ludwig" is monocentric. The rate at which the price of apartments falls there as a function of the distance of the apartments from the central business district, isn't linear.
What can we derive from this fact in terms of the crowdedness of the population as a function of the distance from the central business district?
The crowdedness of the city is fixed, and has no relationship to the distance from the central business district. In other words, as we go further and further from the central business district, the level of crowdedness of the apartments remain unchanged.
Determining at least two websites or articles to help you answer the following questions about the petroleum industry. It is to be done is précis of the major points of the article or Web site, and to be referenced.
Suppose a four year pure discount bond with a face value of $1000, if current price is $850, calculate the annualized yield of this pure discount bond.
Illustrate what do economist mean by this. How do they determine what the right amount of the good is.
What would it not be better to nationalize public utilities as some European countries have done. Explain.
At what price will she buy four visits? Eight visits? What is the elasticity of between a price of $5 and $6 per visit? Between a price of $29 and $31?
Explain how might the international monetary system be reorganised to rely less on the US dollar.
maria and emmanuel need to cut logs for shelter or gather food to stay alive per day. maria produces 10 cut logs of shelter and 10 baskets of food. emmanuel produces 5 cut logs of shelter and 8 baskets of food.a) what is the opportunity cost for ma..
Illustrate what is your rate of return for each alternative for four stock prices one year from now. Summarize your results in a table that shows the rate of return on investment for all three alternatives.
Explain how could you use the concepts of marginal cost and marginal revenue to maximize profit? What information do you need to determine this.
Airway Express has evening flight from Los Angeles to New York with average of 80 passengers and return flight the next afternoon with average of 50 passengers. Should the airline remain in business?
Assume the demand and supply for milk are described through the following equations: QD = 600 - 100P; QS = -150 + 150P, where P is price in dollars,
Explain how the Central Bank can set the nominal interest rate in the money market. In addition, explain how it can use expansionary monetary policy to boost GDP if the economy is in a recession.
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