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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
two types of consumers workers and retirees share a community with a polluting cheese factory the pollution is nonrival and nonexcludable the total
risky portfolio choicesuppose there are two risky assets d and e d has an expected return of 6 and standard deviation of 15 e has expected return
consider an air basin with only two consumer huck and matilda suppose hucks demand for air quality is given by qh1-p where p is hucks marginal
in the summer of 2010 congress passed a far-reaching nancial reform to prevent another nancial crisis like the one experienced in 2008-2009 consider
rajs utility bundles of x and y is given by uxyxya fill in the table with rajs utilitynbspfor the corresponding bundlesx1 x2 x3y1y2y3b write a
suppose that the interest rates in the us and germany are equal to 5 that the forward one year value of the euro is feuro 1euro and that the spot
1 at 70 effective annual interest how much should be deposited at the start of each year for 10 years 10 deposits in order to start drawing out 200