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regional economic integration and the consequent increase in increased dependence on each other creates incentives for
truefalse explain because it is better to be safe than sorry ie to exhibit precaution the government should ban
assume the equilibrium quantity is 10m of automotive wiper blades at an equilibrium price of 2 per blade if the
for the following three cases use a midpoint formula to calculate the coefficient for the cross elasticity of demand
if an allocation of economic resources is not efficient then some of the potential gains from trade among buyers and
when the government imposes a binding price ceiling on a competitive market a shortage of the good arises and sellers
a firm has 2100000 in sales a lerner index of 06 and a marginal cost of 45 and competes against 800 other firms in its
super cola is also considering the introduction of a root beer drink the company feels that the probability that the
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a manufacturing firm is trying to decide if it should purchase an automated assembly line the firm currently has
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consider a perfectly competitive firm with the short-run cost function cq 500 40q 10q2 at the market equilibrium
a number of additional conclusions can be drawn from the fact that the marginal revenue curve associated with a linear
euclid acquires a 7-year class asset on may 9 2015 for 80000 euclid does not elect immediate expensing fewer than 179
suppose that the money demand function is mpd 800 - 50r where r is interest rate in percent the money supply m is 2000
fran who is in the 35 tax bracket recently collected 100000 on a life insurance policy she carried for her father she
a what happens to the optimal coinsurance rate beta insurance demand if we vary policyholders level of risk aversionb
draw a graph for an individual with a strictly concave expected-utility function who has wealth y and faces the
cap-and trade as an economic tool for controlling environmental pollution only works if the regulating agency has
if a transaction imposes external costs then a too much is being produced relative to the socially optimal amount b
what is the objective of the firm manager and what is the criterion for determining the output level in each of the
describe the key differences between simulation models and the models covered in previous modules not only from the
1 consider an economy where consumerrsquos utility function is given as uclc-12l2 where c is consumption and l is
assume that your community has a newly-discovered radon health problem from which state and local government and
truefalseuncertain provide an explanation--the purchase of government securities by the fed from the public will begin