Write the ellens budget line and draw it
Assume that Ellen has $I to spend on goods x and y: The price of good x is px and the price of good y is p y: Write the Ellen's budget line and draw it. Specify the slope, as well as the vertical and the horizontal intercept.
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A normal distribution has a mean of 40 and a standard deviation of 6. What percent of the scores are between 22 and 58?
Determine what impact does the imposition of a tariff normally have on a nation's terms of trade and volume of trade?
Describe the liberal perspective on markets and the state with precise reference to the Keynes/Hayek debate. Discuss why are the differences among them vital for understanding contemporary international political economy?
Calculate the major economic justifications for state intervention used by the mercantilists and determine the major types of problems with state intervention as they pertain to international political economy?
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Determine the prices when the firm discriminates among the two consumers. Is this a good strategy, or should the firm charge the same price to both of them?
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