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Sarah has $300 to allocate between movie tickets and opera tickets. The price of each opera ticket is $60, and the price of each movie ticket is $6. Her marginal rate of substitution of opera tickets for movie tickets equals 5, regardless of what market bundle she chooses. How many opera tickets does she purchase?
p140-4q mc12030q for plant 1 mc28010q for plant 2how many units should be produced by plant 1 and plant 2 to maximise
Some experts have suggested that of the total electricity consumed in the United States, 8 percent is used up by the internet. Thus an increased demand by consumers to surf the internet will the equilibrum price of electricity and the equilibrium ..
17. assume a certain firm in a competitive market is producing q 1000 units of output. at q 1000 the firms marginal
If this firm was under perfect competition, what would be the efficient level of output in the long run?
a firm in a purely competitive industry is currently producing 1000 units per day at a total cost of 450. if the firm
Assume there is an imperfect capital market. Draw a graph to show the optimal years of schooling for an individual with high access to funds but of low ability and an individual with low access to funds but with a higher ability level. Which ind..
find an article that identifies a change in supply andor demand. use the article to fulfill the following instructions
the boca raton company announces that if it reduces its price subsequent to a purchase the early customer will get a
movie theaters charge a variety of admission prices one for matinees another for evening showings one for students and
when output and employment slowed in early 2008 the bush administration and the democratic congress passed a
What is the present value of growth opportunities or P/E ratios the price is at a point in time while the earnings occur over a period of time. It is, therefore, necessary to specify whether the earnings are for the trailing twelve month period (T..
The owner of a restaurant is considering lowering menu prices to draw in more customers. He is debating between lowering the price for the steak entrée or the salmon entrée. When he lowered prices last year
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