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suppose a consumer derives satisfaction from consuming tacos those from taco bell and those from chipoltlea graph the
draw the opportunity set of a consumer with an income of 1200 who faces prices of px 10 and py 5 what is the market
schools get a lesson in lunch line economicssharp rises in the cost of milk grain and fresh fruits and vegetables are
there are 2 fishermen zach and jacob who fish along a certain coast both would benefit if lighthouses were built along
your firmrsquos research department has estimated the income elasticity of demand for art deco lawn furniture to be
assume consumer equilibrium budget curve and indifference curves draw 3 separate scenarios 1 the price of good x
assume that you are going to start a small business of your own further imagine that you are able to adequately
over the past decade medical costs have increased more rapidly than other prices in order to illustrate how rising
the income elasticity of demand for your firmrsquos product is estimated to be 075 a recent report in the wall street
suppose that one must divide 1000 among 100 students which divisions are efficienta any division of the money is
roughly speaking a merger between two firms is legala if it gets congressional approvalb if both firms control less
if the economy is currently producing 40 units of cotton and 6 units of wheat then what is the approximate opportunity
suppose that the cost of eradicating polio from a society of 1000 persons is 5 per person also suppose that only two
think of another good that you have purchased recently or you could continue with the good you selected in tda i be
suppose the production function for pasta is q 4kl what is the long-run optimal input combination when q 16 r 4
explain why there is a blurry line dividing objects that are money from those that are not give examples of some
jacks construction company is considering the purchase of new equipment at a cost of 10500 with an estimates salvage
suppose when you are 21 years old you deposited 1000 into a bank account that pays annual compound interest and you do
assume that the inflation rates in 2010 2011 and 2012 were 1 2 and 3 respectivelyduring the same periods nominal
crepe creations is considering franchising its unique brand of crepes to stall-holders on hermoza beach which is five
the us continues to experience a relatively high level of unemployment in its workforce when analyzing a two-good
a material handling system was purchased 3 years ago for 120537 two years ago it required substantial upgrading at a
why is the unrestricted entry of new firms to all markets necessary to assure the efficient allocation of resources in
inflation and quantity theory of money adapted from jones q3 ch 8 what is the key endogenous variable in the quantity
to increase tax revenue the us government in 1932 imposed a two-cent tax on checks written on deposits in bank accounts