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skyscraper city has a subway system for which a one-way fare is 150 there is pressure on the mayor to reduce the fare
chris consumes only 2 goods suppose his utility function is ux1x2x1 13x2 23 suppose p1 2p2 8 and incomei600 i want to
1 the is an artificial unit by which utility is measured2 the change in total utility due to a one-unit change in
1 assume a specific factors economy produces two goods cloth and food and that when representing the output of this
suppose that people derive utility from two goods---housing h and all other consumption goodsca show a typical
a study finds that leaf blowers make too much noise so the government imposes a 10 tax on the sale of every unit to
suppose that the us government decides to charge cola consumers a tax before the tax 25000 cases of cola were sold
rent controls force landlords to price apartments below the equilibrium price level an immediate effect is a shortage
sergei is a computer programmer with a utility function equal to uy120l-l he contracts with uber that allows him to
1 when economists speak of marginal they meana opportunityb scarcityc incrementald unimportant2 managers undertake an
draw the pre-intervention optimized supply and demand equilibrium explain and show what effect it has on the polis1
major restructuring plan in an attempt to reverse declining global sales suppose that as part of the restructuring plan
a large automobile manufacturing company is considering the installation of a high-tech handling system the initial
suppose that you were an industry analyst trying to determine if the leading firms in the automobile manufacturing
consider the following firm with the production function qfl2l12 llabor wage w12 fixed costs are fc500sunk cost derive
what are the key features of the consumption function what causes consumption to rise or fall does the level of
suppose you have a budget of 52 to spend of pretzels and beer your utility function is u 15p 18b ndash 05p2 ndash
a major defence supplier expects to generate additional revenue from its recently won government contract the company
demand-supply analysis and the american revolution a before the american revolution the british government required
arian is about to borrow 2000 from his uncle he has an option to repay the loan at the end of year 4 with 543 simple
although gdp is a reasonably good measure of a nations output it does not necessarily include all transactions and
consider an infinitely repeated cournot duopoly with discount factor lt1 unit costs of cgt0 and inverse demand
calculate the present worth of the following geometric gradient series cash flow annual interest rate 889 annual cash
a major electronics manufacturer expects to generate additional revenue from its recently won government contract the
barneys liquids and aunt bees lemonade plan to expand their international partnership for the marketing and