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the marginal value schedule for moe and the marginal cost schedule for larry for apples are shown belowno of apples
consider this statement ldquoit is estimated that leaky pipes and dripping faucets are the source of hundreds of
reinstituting a draft of military personnel would lower the militarys budget would it lower the actual cost to the
it is often claimed that an added benefit of pollution abatement projects sponsored by the government is the increase
the radio manufacturing industry has been in decline for quite some time suppose the government is called on to save
consider the following statement winter ice storms that sometimes hit chicago are good for the economy they create many
1 us import demand for french perfumes is given by p 90 - 3q where p is the perfume price q is the number of imported
you are the manager of a firm that receives revenues of 40000 per year from product x and 80000 per year from product y
suppose people who are thinking about buying an existing home demanders in the housing market are current home owners
suppose the government sets a controlled price below the market clearing price for a commodity draw a diagram and use
1 what is the externality associated with an individual driving on a congested highway how do tolls help alleviate this
1 suppose you work as research economist at the epa there are two firms that operate in a perfectly competitive marker
johnny rotten consumes two commodities namely garbage and vinyl records he keeps the garbage in the backyard where it
explain the role of the federal reserve who monitors it and is it effective in its job evaluate one of the strategies
donna buys goods x and y she can just afford the bundle x 6 and y 11 she can also afford x 12 and y 8 each of these
annrsquos preferences are represented by a utility function uax suppose one were to coloquially say that carol has more
what are the 4 types of unemployment please explain the current situation of employment in the united states how does
why does the government intervene in the economy should they and what would the impact be if they did
what are some examples of the financial crisis in greece and the potential market problems because chinas economy is
1 consider a decision maker who is choosing how many apples to buy his choice set is 0 1 2 3 4 5 6 the store has only 5
if amy spent her entire allowance she could just afford 8 candy bars and 8 comic books a week she could also just
explain why an economy in which airlines charge different passengers different prices for the same flight will not have
consider a committee of ann bob and carol that is choosing between three alternatives x y z player irsquos preferences
in about 500 words from a geographical standpoint why is space as in usable area on earth so integral to the survival
a manufacturer has paid an engineering firm 200000 to design a new plant and it will cost another 2 million to build