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assume that the combined consumer goods capital goods values for points a b and c are 20 billion 40 billion and 38 billion respectively if the
suppose that most people will not speed if the expected ne is greater than 200 given current police practices the probability of being caught
assume that a leader country has real gdp per capita of 40000 whereas a follower country has real gdp per capita of 20000 next suppose that the
a consumer of two goods faces positive prices for both goods and has positive income her preferences over consumption of good 1 and good 2 are
jen likes only chocolate and economics textbooks her demand functions for chocolate and textbooks are given byqc m pc ptqt m pc ptwhere m denotes
alexander studies away from home while at school he spends all his income on air travel and economics textbooks in a diagram with air-travel as the
suppose the position of political candidates on all issues can be ranked on a scale ranging from conservative to liberal the more conservative a
the demand and supply curves for fixed gear bikes in hipsterland are qd 225 15 p and qs 15 p 45 respectively1 find the equilibrium price and
chuck michael and hakeem are three retired basketball players they determine that in madison there is demand for private basketball coaching the
a needy family of a mother and three children currently receives cash benefits that average 12 per day the mother of this family is allowed to earn
for each of the following claims please state if it is true false or uncertain provide a brief written justification for your answer a sentence or
suppose that in 1984 the total output in a single-good economy was 10000 buckets of chicken and the price of each bucket of chicken was 10 in 2005
suppose that the equation for autonomous planned spending ap is ap6200-200r and the value of the multiplierk is 25a derive the equation for the is
youve been asked to write a program that computes percentages for specific categories in a personal budget the program should ask the user to enter
the charm city bakery makes coffee cakes and danish pastries in large pans the main ingredients are flour and sugar there are 25 pounds of flour and
determine whether the following linear programming problem is infeasible unbounded or has multiple optimal solutions draw a graph and explain your
germany consumers have 50 in income their gross domestice product they spend 35 on consumer goods 25 on germany goods and 10 on imports they save 8
greece has few workers per unit of land while france has many workers per unit of land steel is labor intensive and rice is land intensive according
suppose in the solow growth model that s25 n02 d08 and fk k3asuppose that z2 what is the steady state level of capital per worker and consumption per
in order to reduce farm output raise farm prices and thus raise farm incomes revenues the government pays farmers to set aside a portion of their
market supply of labor the following table shows the hours per week supplied to a particular market by three individuals at various wage rates
ted has preferences given by the utility function ukl k 2l where k pounds of kale per month and l pounds of lettuce per montha what is teds
blutarsky is throwing a party at his fraternity and is trying to choose how much beer and vodka to buy a bottle of vodka has four times the alcohol