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consider a firm that has a production function given by q 200l5a is this production function convex or concaveb does
an outright purchase of 20000 now can be traded for 30 equal payments of 893 per month starting one month from now what
john has the utility function u minxy the price of x is 1 the price of y is 1 and his income is 50 a find johnrsquos
a consumer has preferences between two goods hamburgers measured by h and milkshakes measured by m his preferences over
consider the romer model if the percentage of the population engaged in ideas formation l bar decreases what are the
an inland river system is in need of rehabilitation to reduce the salinity level in water and remove blue green algae
consider a monocentric city where the cost of commuting is 20 per mile per month a household located 5 miles from the
discuss and illustrate graphically how a decrease in saving rate will affect the steady state level of capital and
technology is viewed by economists as a source of comparative advantage but technological advantage is often transitory
jerome says that he will spend exactly 25 each month on new apps for his mobile device regardless of the price of apps
describe the four types of regional trading agreements discussed in class and show how each type creates a greater and
explain the difference between import substitution and export promotion as economic growth strategies for developing
a t-shirt maker would be willing to supply 75 t-shirts per day at a price of 1800 each at a price of 2000 the t-shirt
for retirement planning you decided to deposit 1000 per month and increase your deposit by 100 per month how much will
a domestic subsidy to enable an industry to compete against imports a avoids the protective effect of a tariff b avoids
creativity curiosity and creating value are key parts of the entrepreneurial mindset that wonrsquot always prevent
you are purchasing a german bond today for 800 euros you can cash in the bond in 4 years for 1000 euroswhat interest
an important key to the american victory in the south was thea militia that kept the british from establishing
is globalization today really different than 100 years ago1 what are some of the differences between the two
suppose that your great-great-grandmother put 50 in a savings account 100 years ago and the account is now worth 1600
explain in words why rising prices decrease the multiplier effect of a shift in the aggregate demand curve think about
which of the following examples is an adverse-selection problem and which is an incentive problem explain why in each
there were 110752 discharges in 2005 for patients over the age of 25 who were diagnosed with diabetes with an average
describe the key differences between simulation models and the models covered in previous modules not only from the
generate a pdf and cdf using the simulation function in simetar for the random variable x that follows a normal