Graph the line and calculate slope
Problem: For each of the following equations, graph the line and calculate its slope.A) P = 10-2Qd ( Put Qd on the X-axis)B) P = 100-4Qd ( Put Qd on the X axis)C) P = 50+6Qs ( Put Qs on the x axis)D) I = 10,000-500r ( Put I on the x axis)
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The main factor that explains the difference between accounting cost and economic cost is? A) Opportunity cost? B) Fixed cost?
Problem: When a firm is able to set its price, its price will always be less than its MR. Is this true or false and why??
"Why is it likely that in a system of private education (i.e., a system in which individuals pay for their own education) there will be underinvestment in education? *Remember, education, likes yard work, provides additional social benefit to the
The consumer's utility function is U=4 square root of X1 + X2. This means that the MRS at the bundle (x1, x2) is 2/square root of X1. Show that the individual's indifference curves have the diminishing MRS property.
Problem: For each of the following equations, graph the line and calculate its slope. A) P = 10-2Qd ( Put Qd on the X-axis) B) P = 100-4Qd ( Put Qd on the X axis)
Calculate the real GDP in each year, assuming that the nominal GDP was $559 billion in the base year, $577 billion in year one, and $605 billion in year two; and that the price index rose from 100 to 104.5 in the first year, and up to 108.3 in the
Problem: The equation for the required rate of return on an individual stock given by the Capital Asset Pricing Model is:
Among the advantages of the _____________ technique of forecasting are ease of calculation, relatively little requirement for analytical skills, and the ability to provide the analyst with information regarding the statistical significance of resu
When the consumption of chicken (whose price has not changed) increases following an increase in the price of beef, the two products can be considered to be:
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I would be cautious taking a pill like this due to the unknown long term effects on health. Although it would sound tempting,