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1 which of the following is not an assumption of the theory of consumer behavior described in this chaptera the
1 the law of supply suggests that the price-elasticity of supply isa positiveb negativec always greater than 1d always
which is steeper when it rises and steeper when it fallsavcafcmcas scale increases atc declinesalwaysonly to a
consider an economy with its production possibilities represented by the function y a radic k radic l where y
consider an economy with its production possibilities represented byconsider an economy with its production
questionassume d represents the level of decentralization of corporate decision-makingthe benefits of decentralization
you have just won 100000 lottery use a diagram showing the tradeoff between leisure on x-axis and goods y-axis for the
suppose that each unit of product a requires 4 workers and 1 unit of capital to produce whereas each unit of product b
suppose canada has 100 workers and 160 units of capital whereas mexico has 100 workers and 70 units of capital also
suppose a country has net exports of 40 transfer payments of 20 net investment income of -15 and a balance of payments
what are the roles of money explain in your own words what each of these roles mean which of the roles do the following
an increase in the price of product x causes a decrease in the quantity demanded for product x one basic explanation
which side of the market supply or demand that bears the burden of a tax on a good or service depends upon the relative
suppose an economic agent has a utility function u ln r assume r is the return on investment and utility is the
variablese educationh healths school inputs things like good teaching and school suppliesm medical inputs treatment
a critically evaluate the provision resulting from the uruguay round to require that the least trade-restrictive
suppose that a proposal is under review to strengthen the npdws for benzene and the associated abatement level would
using what you have learned about market-based incentives suggest a policy initiative that would discourage land
a critically compare and contrast the policy approaches of tsca and fifrab in your view which of these is more
new source bias may exist for mobile sources briefly discuss why this bias leads to a solution that is not
consider the distributional effects of agricultural productivity due to global warming discuss some of the
a based on the analysis of the bubble policy given in this chapter discuss why transaction costs are so important in
between january and december 1994 us unemployment fell from 67 percent to 54 percent of the labor force the federal
if you were responsible for setting the naaqs for lead what key determinants would you consider if the standard were
why is there currently an even greater need for effective employee communications describe some efforts made by us