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Suppose Alphonso's town raise the price of bus tickets from .50 to 1.00 and the price of burgers rises from 2 to 4. why is the opportunity cost of bus tickets unchanged? suppose Alphonso's weekly spending money increases from 10 to 20. how is his budget constraint affected from all 3 changes
q.assume that each criminal i has the following utility function uibo-fo2 where onumber of crimes committed bper unit
The marketing manager must compare sales of two brands in the firm’s product mix. Complete the remaining parts of the following table: Brand X 10,000 volume Brand Y 20,000 volume Total 30,000 volume Unit Price $10.00 $3.00 -- Sales revenue Unit VC $4..
A perplexing issue, particularly for many human resource management and marketing professionals, is the absence of a valuation in the traditional financial statements relating to human capital and other internally generated intangible assets, such as..
Using MONOLOLY business or product can anyone answer this question...... addressing a current event use one of the following economic graphical analysis to analyze the issues presented in the current event
Provide an example for each about decision-making, interaction and workings of economy. Explain how that influences marginal benefits and marginal costs associated with decision to purchase a house.
Consider a consumer with utility function u(x1,x2) = x1x2 and income m who faces given prices p1 and p2. What is the effect of the increase in price on the consumption of good 1? How much of this effect in consumption is due to the income effect and ..
Assume the firm does enter the market and that, over time, increasing competition causes the price of telephones to fall to $35. Under these circumstances, what would be the firms optimal output, price and profit (or loss).
Consider a project that will bring in upfront cash inflows for the first two years but require paying some money to close the project in the third year.
he Fed began paying interest on reserves in October 2008. Holding all else constant, what effect would this have on the money supply? When the Federal Reserve injects money into the banking system, it initially causes an excess _____ of money. Equili..
Write an essay that explains the phenomenon of the Crusades. What were the Crusades and what were the causes? Should the Crusades be considered one event or many and why? What were the consequences of the Crusades? Where the Crusades successful (defi..
If collusion is not allowed, what kind of market arrangement do you think is likely to result from competitive interactions among these four firms? Calculate the profits of these firms in either case (a and b).
You have been the Chief Financial Officer (CFO) for a large manufacturing company for 15 years. The Company’s yearend is March 31 and you are finishing the year end accounts. You have recently been advised by the Chief Operating Officer (COO) of a si..
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