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when the wage rate rose from 625 per hour to 675 per hour employment in fast food inc fell from 5100 to 4900 what is
max corporation has 10000 in retained earnings that it has not distributed to its stockholders as dividends it has a
leopold bus company runs daily service between bigcity and tinytown it calculates that the average cost per trip wages
artsy t-shirts sells 100000 shirts a year priced at 14 each the company can produce any number of shirts at a constant
1 when the price of wheat rises from 234 to 246 some farmers switch crops and the amount of barley offered on the
you decided to purchase a new hummer for 60000 if the dealer offers a 5000 rebate what would your monthly payments be
consider the current economic conditions including inflation and economic growth do you think the fed should increase
managing workforce flowlearning objectivesafter studying this chapter you should be able todiscuss ways to make
easement assignmentbelow are three parcels of real property a b and c b wants to have a built-in swimming pool
mary consumes two goods diet coke x and cheeseburgers y maryrsquos utility function is represented by uxy 3xy2 her
you and your friend are trying to decide where to have dinner restaurant 1 has an average price of 20 per person and is
suppose you have 5 stocks in the past week they have changed in the following way 5shy12shy3shy2 for each of the value
determine if each of the following value functions is loss aversenbspnbsp a vx 025x for x gt 0 and vx 05 for x le
suppose that demand for a product is given by q1000-p supply of the product is given by q2p there is a positive
edmund has the utility function ux y 2xy 1 the prices of x and y are both 1 and edmund has an income of 20a how much
max has the utility function ux y xy 1 the price of x is 2 and the price of y is 1 maxrsquos income is 11 how much x
cobb douglass production functiona what does it mean that marginal product of capital is decreasing show the marginal
growth without diminishing productivity of capital suppose that the production function is yaka what is the condition
shellys preferences for consumption and leisure can be expressed as uc l c minus 200l minus 80 1 this utility function
what is information asymmetry and examplewhat is moral hazard and examplewhat is adverse selection and
a framework for ethical decision makingrecognize an ethical issuecould this decision or situation be damaging to
heckscher-ohlin modelhome h and foreign f produce autos and shirts using capital k and labor l autos are capital
assume that the monopolist has a cost that is always increasing with the quantity produced c0q gt 0 for every quantity
firms a and b each produce 100 units of pollution firm a has a marginal cost of pollution reduction of mca 102qa firm b