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There has recently been discussion on the Internet concerning whether the Shuffle feature on your iPod is truly random. (Now that is really an important issue of great concern!) How would you go about deciding whether the playing sequence is random? What would actually constitute randomness? An item about this issue can be found at If it is gone by the time you search for it, it is highly likely that a Google search would bring up closely related items.
Consider a market where supply and demand are given by QXS = -10 + PX and QXd = 71 - 2PX. Suppose the government imposes a price floor of $33, and agrees to purchase any and all units consumers do not buy at the floor price of $33 per unit.
in the fall of 2008 aig the largest insurance company in the world at the time was at the risk of defaulting. as a
Should governments force people to be in school? Why or why not?
How might prohibitions on advertising affect the cigarette industry in the short run, and in the long run using a Prisoner's Dilemma sort of argument.
Compare across individuals at difierent points in time. Include the data for GDP - Compare thc results collected about your parent to the onc about yourself by constructing three graphs using Excel
To increase marginal utility, you should decrease consumption (everything else held constant). This statement is correct, even though it sounds strange. Describe why. What is the purpose of the two fields of study behavioural economics and neuro econ..
Describe the competitive environment in which the firm operates
Find the production possibility frontier for this economy and find the competitive equilibrium and find competitive equilibrium if every consumer owns 100 units of labour and owns one firm.
Elasticity of demand for each of the following showing all calculations and
Explain why the price elasticity of demand is generally a negative number, except in the cases where the demand curve is perfectly elastic or perfectly inelastic. What would be implied by a positive price elasticity of demand?
you and your friend have decided to open a company selling product of your choice. use any one of the above mention
Give an example of a pair of goods, e.g., all green beans and blue lake green beans, where one good has a more elastic demand than the other.
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