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1 a descriptive essay on ldquois there a free-rider problem associated with public goods and services how does
which of the following is not true regarding top-down budgetinga it is based on the collective judgments of top and
write a short 2-3 page double-spaced typed essay identifying and describing the conditions you observed for a business
you are attempting to construct an optimal portfolio consisting of t-bills and a risky portfolio the expected return on
consider an investor with preferences given by the utility function u er ndash 05asigma2 and there are two portfolios
explain how incomplete information can cause market failure give at least one example of this type of market failure
assume that demand for a commodity is represented by the equation p 10 ndash 02 q d and supply by the equation p 2
last year the owner of an auto dealership changed her sales managerrsquos compensation plan previously the manager
you operate a small but popular and profitable restaurantbar in a college town there are several other restaurants and
the following is taken from the san jose mercury news july 27 2000ldquothe mexican arm of us internet giant america
suppose that the bureau of labor statistics issued statistics about the population and labor as the followingadult
1 what factors determine the sensitivity of net exports to the interest rate2 consider the cases where net exports are
gdp in an economy is 3205 billion consumer expenditures are 2417 billion government purchases are 543 billion and gross
neoclassical economics assumes rational behavior from actors consumers and suppliers as well as profit maximizing
in order to maximize net benefits the managerial control variable should be used up to the point wherea total costs
which of the following auction examples has a common value information structurea three firms bid for an oil leaseb an
the long run is defined asa the horizon in which the manager can adjust all factors of productionb the horizon in which
rent seekinga involves resources paid to politicians to enhance one group at the expense of anotherb results in less
the special cost structure that is necessary for a firm to adopt a peak-load pricing policy isa economies of scaleb
which of the following is not an incentive scheme to ensure that workers do a good joba paying waitressrsquos low wages
using a demandsupply diagram illustrate and explain the effects of the imposition of an export tax on a good y by a
which of the following factors reduces the need for government involvement in the marketplacea the presence of
in the short run the marginal cost curve crosses the average total cost curve ata a point just below the average fixed
a consumers reservation price is the price at which aa consumer prefers to search rather than purchasing at the lowest