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marginal physical product diminishes as additional workers are hired because1 each worker has an increasingly smaller
a union evaluates job offers based on the1 individual interests of its members2 collective interests of its members3
1 an oligopsony exists if1 only a few firms produce most of the industrys output2 only a few firms account for most of
let kt denote the quantity of capital a country has at the beginning of period t also suppose that capital depreciates
consider the identity s pminusi cad where s p is private sector saving i is investment ca is the current account
adam has 38 and he decides to spend on x1 and x2 commodity one costs 5 per unit and commodity two costs 11 per unit his
suppose demand function for good 1 is x12mp12p2 calculating relevant elasticities answer the following questions show
truefalse - briefly explain the reasona the utility function ux1x2x1a 2x2b corresponds to preferences for perfect
offshore banking is largely unprotected by the safety net national governments have imposed to prevent domestic bank
suppose mikersquos utility consists of consuming two ordinary goods hotdogs normal good and beer inferior good quantity
who benefits from rent ceilings who suffers what are the long-term effects of rent ceilings how can landlords and
draw a graph for each part with quantities of vegetarian pizza on the horizontal axis and quantities of meat lovers
for a consumer with a utility function ux1x2x1x1x2and a budget constraint p1x1p2x2m compute the welfare loss to this
a consumer consumes only food x1 and alcohol x2 and he has a utility function ux1x2bx1ainx2a derive the ordinary demand
explain the difference between a ldquopullrdquo promotional strategy and a ldquopushrdquo promotional strategy under
since 2009 the federal reserve has been unable to stimulate the us economy sufficiently enough to generate 3-5 annual
monetarists disapprove of how the federal reserve conducts monetary policy what is it about the feds policy process
post your response to the following questions can the practice of price discrimination be considered universally fair
capital budgeting is an integral part of the strategic planning and budgeting process of most firms explain and provide
are the following statements true or falsea if marginal product is greater than average product average product is
price discrimination assignment a movie theatre has a cost function which entails the rent of the commercial building
according to kohlbergrsquos theory of moral development when do humans begin to think about the feelings of other
all 500 consumers in a market have identical demand for a product that is described by individual demand curves p40-2q