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Suppose that four 85-octane gasoline pumps and three 89-octane gasoline pumps provide as much profit at a local convinience store in five days as three 85-octane pumps and five 89-octane pumps provide in four days. Which gasoline pump produces greater profit for the store?
Calculate the substitution and income effect for the utility function: u(x,y) = x + lny and show that the Slutsky equation applies to those cases.
Which of the following statements best explains federalism?
q.the central bank of the fictitious country omega raises bank reserves by 100. what effect will the increase in bank
q.consider a solow growth model with cobb-douglas construction depreciation rate delta savings rates population growth
Illustrate what is james price of producing potatoes what is james opportunity cost of producing chickens which person has an absolute advantage in which activities which person has a comparative.
Median length of stay was 1.1 days shorter when a hospitalist cared for a Medicare patient. Median cost per case was $853 less (excluding physician fees). There were no significant differences in mortality, 30-day readmissions, or transfers.
Illustrate a firm in monopolistic competition that does not make a profit but rather a loss. Now illustrate how firm exit will change demand in the long run, allowing at least some firms to break even.
Equivalence of moving average and exponentially weighted moving average control charts. Show that if l = 2/(w + 1) for the EWMA control chart, then this chart is equivalent to a w-period moving average control chart in the sense that the control l..
llustrate what increase in G is necessary to achieve target output in domestic economy. Illustrate what would be increase in G and T needed if government wanted to keep a balanced budget.
q1. cross-price elasticity. b.b. lean is a catalog retailer of a wide variety of sporting goods and recreational
Which of the following is not one of the long-run consequences of large sustained budget deficits?
How will this technological advance impact production and pricing plans. How it will impact BlackSpot's profit.
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