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If Joe views two candy bars and one piece of cake as perfect substitutes, what is his marginal rate of substitution between candy bars and cake?
suppose we are given the constant returns-to-scale ces production function q k l1 where k represents capital and l
Use supply and demand analysis to show the effect of a (binding) price ceiling in the market for rental properties. What are the possible negative effects due to this price ceiling? What happens to the total surplus (total surplus = consumers’ surplu..
Why does a reduction in transportation cost per mile, t, flatten a firm's bid-rent function without changing the intercept?
looking for examples on a contestable market? how would this affectnbspa firms pricing strategy or advertising
summarize one or more key aspects of the federal health reform legislation enacted in 2010 that relate to improving
Predict what would happen to the equilibrium price of marijuana if it were legalized. Use demand & supply analysis to answer. Provide verbal and graphical explanation.This paper has to be three pages.
assume that the regulator knows the marginal cost of abatement fairly well but there is uncertainty about marginal
Develop a list of resources you might use to gather historical economic data as well as economic forecast data.
Describe the forces that will affect this situation in the long run. How will a long-run equilibrium arise? What will happen to p*? What will happen to the number of firms in the market? How will it affect this firm's and other firms' profits or l..
1.in the 1900s five firms supplied amateur color film in the united states kodak fuji konica agfa and 3m. from a
Review and analysis of the appropriate legal structure, including completion of the necessary requirements for formation.
Is it possible for companies both to maximize financial value for shareholders and to act responsibly in the communities in which they operate. Cite examples of companies that are doing so.
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