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alice and bob survive on hamburgers and salads alices utility function is ua hasa - 1 where ha and sa are her
you have four equally weighted tests in a course and your test average in the class has fallen from 90 to 88 to 84 to
prove that every weighted average of three numbers x1 lt x2 lt x3 with strictly positive weights is less than x3 do
the newspaper reported that insurgents in saudi arabia had taken over a major oil refinery what would you predict would
anyone who has ever eaten crabs from the chesapeake bay knows that the quality of crab cakes declines with the square
a natural monopolist has a cost structure cq 400 25q and faces market demand dp 200 - 2p solve for the monopolists
cole has 27 that he plans to spend purchasing 5 units of good x priced at 3 per unit and 6 units of good y priced at 2
all workers face tradeoffs self-selection allows workers to exploit these tradeoffs when choosing jobs thus maximizing
if price elasticity of demand -15 and price decreases by 10 percent thena demand will increase by 15 percentb total
using diagrams show what changes in price and quantity would be expected in the following markets under the scenarios
suppose that agostinos hourly wage is 30 per hour his rental property yields 120 per day and he has 16 hours in a day
compare and contrast how the concepts of attitude and personality are both similar and different why is it important
a 10 increase in the price of pizza causes a 10 drop in the quantity of both pizza and beer sold describe elasticities
what are the three factors that determine the behavior and ultimate value of people in an organization from a
sarahs preferences for consumption and leisure can be expressed as u c l c - 180 times l - 80 this utility
a company employee is considering legal action against her employer if she came to you for advice how would you present
suppose noah and naomis short-run weekly production function for garden benches is fl04l where l represents the number
on the accompanying graph illustrate a nominal per capita gdp and b real per capita gdp for each year the necessary
suppose that rob and big both raise animals and sell them because rob and big have different talents they have varying
suppose a demand curve has a vertical intercept of 0100 suppose a supply curve has a vertical intercept of 00 the
assume that the demand for iron the primary component of steel is q p-a where the exogenous parameter agt0 takes some
an important way to reduce water pollution from farms is to plant a buffer zone between crops and the water economists
1 you and other college students are deciding whether to major in music or engineering you learn that there is a