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suppose an investor has the utility function urs r - 03s2 here r denotes the expected rate of return r of their investment portfolio and s denotes
in the macroeconomics book by stephen williamson 5th edition in the appendix for ch 7-8 problem 1 the problem asks suppose in solow growth model that
suppose a consumer has 150 to spend on food and clothing food costs 4 per unit and clothing costs 5 per unit the consumers utility function is ucf
you are looking to install a new solar energy system for your house for heating air conditioning and hot water the cost of the system is 14000 and
bravo pork rinds caseassume you are the plant manager for bravo pork rinds which produces pork products in a market that approximates perfect
i lend you a 1000 today and you agree to pay me 1100 one year from today you are going to buy a computer with the 1000 that your borrow from me you
1 suppose the demand for baseballs is given by q 200 - 8pa waht is the price elasticity of demand when p6b at what price will total revenue be
find the marginal utility functions of the following utility functionsplot the marginal utility functions indicate which of these functions appear to
consider the following utility function uxy maxx 3ya draw the indifferent curve for this utility functionb find the marshalian funtions for x and
1 suppose honey is produced in a beehive using bees and sugar each honey producer uses one beehive which she rents for 20month producing q gallons
why it is important that prices are flexible in our economywhat happens if the government controlled the level of prices how would this influence
which of the following fiscal policy changes would have a larger overall negative impact on ad and rgdp explain your answer in a paragraph or two
the 2009 world development report provides the following information for colombia and thailand explain carefully what each of the entries in the four
1 when a state government chooses to build more roads the required resources are no longer available for spending on public education this dilemma
nbspa decrease in government spending will cause anincrease in the quantity of real domestic output demandeddecrease in the quantity of real domestic
for all questions complete this part first draw a demand and supply graph be sure to label the vertical y axes as price and the horizontal x axes as
a firm producing hockey sticks has a production function given by y 2sqrtkl in the short-run the firms amount of capital equipment is fixed at k 100
using the utility functionu x y xgamma ygamma 0 lt gamma lt 1a find income and substitution effectsb does the substitution effect increase or
discuss the criteria that might be applied in determining if a court should uphold a states expropriation order or nationalization of private
a monopolist has determined that marginal revenue is 200 and average cost is 175 it has also determined that the lowest sustainable average cost is
your firm operates three plants the cost functions vary across the three plantsplant amarginal cost 6qaverage variable cost 3qaverage fixed cost
you can order a new model of a electronic notebook in one of five colors the notebookalso comes loaded with one of four different games how many
a has 15 million in sales a lerner index of 057 and a marginal cost of 50 the firm competes against 800 other firms in its relevant marketa
1 name three other providers of urgent care services emergency departments urgent care clinics and walk-in clinics supply urgent care services2 what
the wheel deal inc a company that produces scooters and other wheeled non-motorized recreational equipment is considering an expansion of their