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People give to charity.
a. Is this action consistent with the "economic view of behavior"? Explain.
b. Suppose there is a big drop in charitable giving. At the same time there has been no decline in per capita income or total employment. Using the economic model, what potential factors might have led to this decline in giving?
c. How might the decline in giving be explained by the product-of-the environment model?
Criticize the classical theory that higher government spending will necessarily crowd out private spending.
What is the profit maximizing price, output, and total profit and what would be the revenue maximizing price, output and revenue?
What incentive conflicts exist in corporations? What mechanisms are used to address the incentive conflicts in corporations? What costs do incentive conflicts in corporations generate?
Suppose the effect size of your research study is very large. What does this tell you about your results? If you were not able to reject the null hypothesis and determined that the statistical power of the study was low, what could you do to incre..
1.Why will the short run consumption function be different from the long run consumption function?
1.In what ways is a monopolistically competitive firm likely to be less efficient than one under perfect competition?
If the beta of Amazon is 2.2, risk-free rate is 5.5 percent and the market risk premium is 8%, compute the expected rate of return for Amazon stock
The following questions refer to a company, whose manager recently estimated its average variable cost function to be;
Does it matter if a country has a large national debt as a proportion of its national income?
The demand function for a certain make of ink-jet cartridge is the following where p is the unit price in dollars and x is the quantity demanded each week, measured in units of a thousand.
What might BQT do to reduce the magnitude of these problems? What problems might be caused by BQT's maintaining ownership of the production equipment?
1.Compare the relative merits of banning certain types of market structure with banning certain types of market behavior.
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