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Question: Now suppose Sonia meets up with other local candidates who are willing to trade their volunteers' time. Volunteers are still only willing to perform the task they signed up for, but she can trade as much of her volunteers' time as she likes.
(a) Let the market price initially be that one hour of phone banking and one hour of canvasing can each be bought or sold for $10. What is Sonia's total effective budget in dollars?
(b) Write an equation for the budget set and depict it on your graph from above.
Use the supply and demand for Reserves to show what happens to the Federal Funds Rate when The Fed decreases the money supply. Assume that ior
Describe what do you consider the most pressing safety problems in aviation today? Your paper should fully describe each problem and why it is a serious safety problem. It may be easier to pick two related problems,
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In a repeated prisoners’ dilemma decision, both managers can make credible threats to punish cheating because
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Economics 311: Intermediate Microeconomics - Microeconomics Problems. A monopolist faces the demand curve- P = 120 - 2Q, Find the profit-maximizing price and quantity. Suppose a union imposes a wage of $4 per hour. How many workers will lose their j..
If we modify our basic three sector model and instead of assuming that taxes are autonomous or fixed in amount (the Tx = Txo assumption) now assume that taxes are a positive function of income, will this modification have the effect of increasing, de..
What would have been the outcome (and total players' payoffs) under an English auction? Does the comparison of English and sealed-bid prices contradict revenue equivalence? Which auction provides the greater total "pie"?
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calculating the rate of return of investment using financial leverage. suppose shaan invested just 10000 of his own
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