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luke has 16 to spend on his lunch at his school cafeteria every week a slice of pizza p costs 2 and a submarine
major soft drink companies have begun to phase out their previous system of marketing their product through independent
a smaller network carrier hub and spoke airline is considering expanding its product by adding a new route connecting
suppose your local espresso bar makes the following offer people who supply their own half-litre carton of milk can buy
suppose that you deposit 2000 in a savings account and a year later you have 2300 meanwhile the cpi rose from 110 to
for a budget spent entirely on two goods an increase in the price of one will necessarily decrease the consumption of
suppose that gdp equals 10000 aggregate consumption equals 6000 net taxes equal 1500 government spending is 1700 net
you have three options for a loan which one is the lowest monthly cost 4
an increase in government spendinga leads to an increase in aggregate supply b leads to a decrease in aggregate supply
given the rapid pace of technological change and financial innovation in financial markets nationally and
the initial cost of a pickup truck is 10323 and will have a salvage value of 3850 after five years maintenance is
in a tragedy of the commons scenario the commons production function is fx 16x - 02x2 the rate of return outside the
suppose that the international monetary fund imf is concerned about currency depreciation in a small open economy use
why do economists disagree about whether an interest rate target or money supply growth target is the best intermediate
describe each of the following economic functions of money and provide an example of each 1 medium of exchange 2
set up a table or a spreadsheet for xyzs output q pricep total revenue tr marginal revenue mr total cost mc average
jen eric and kurt are all buyers of chain saws jenrsquos demand function is dj p 520 minus 13p ericrsquos demand
when the price of bananas is 50 cents a pound the total demand is 100 pounds if the price elasticity of demand for
a cubic total cost function is expressed as tcabqcq2dq3 if a0 b400 c-50 and d5 thena what are mc marginal cost and atc
in a certain kingdom the demand function for rye bread was q 381 minus 3p and the supply function was q 5 7p where p
a construction manager just starting in private practice needs a van to carry crew and equipment she can lease a used
demand function qp-3marginal cost of production mcq121 calculate the elasticity of demand as a function of q2 does
income elasticity of demand is expected to be a positive for most productsb relatively high for necessitiesc relatively
katies project has a five-year term a first cost no salvage value and annual savings of 20 000 per year after doing