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Assume Px = 5, Py = 2 and Income =540. If a consumer has a MVx = 2x/y, is it possible for her to achieve an interior solution? If so, what is the solution? If not, why not?
Joe the Plumber runs a competitive firm. He does 20 works per week, and charges $50 per week. His total cost each week is $1200, of which $300 is Fixed cost. Draw a diagram about his short and long run decision.
The work involves close cooperation and coordination with other inside and outside of the department. Candidate A has exactly the experience required, but appears to be very unsociable. Candidate A has exactly the experience required.
Using the theory of oligopoly and the concept of prisoners dilemma, explain why the cigarette companies did not cut on advertising on their own to increase their profits before the law went into effect?
Discuss what type of foreign investments would be best for the economy's PPF. What are the opportunity costs of these decisions? Include what will happen to private and public choices as the economy grows.
An analyst locates a study that estimates the average beachgoer was willing to pay $2.25 per hour in 2000 to visit a renourished beach. What is the value of this in 1999 dollars?c. An analyst determines that the real operating expenses for a sewa..
Suppose a four sector economy C=200+0,65Yd calculate the values of MPC, MPM, MPT
How does this operating objective change the size of the deadweight loss. If you are a "benevolent" manager of a monopoly firm and are interested in reducing the deadweight loss of monopoly, should you maximize profits or maximize revenue.
Describe their organizational structure and what market entry strategies each of these companies are currently using.
Suppose that in small open economy the following describes investment demand, private saving, and government budget deficit.
Cathy has one year left before she completes her degree in industrial engineering. She is spending this summer working for her family's firm, MMM (Molehill & Mountain Movers). MMM runs a fleet of heavy construction equipment and sells gravel for r..
Illustrate what conditions is it possible to increase production of one good without decreasing production of another
First, read Fuguitt and Wilcox, pages 181-183. Then, from the Stock and Watson text Web site. find a data file CA school districts that contains data on school districts for 420 districts in California. A detailed description is given in CAschool..
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