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Because of changing demographics, a small, private liberal arts college predicts a fall in enrollments over the next five years. How would it apply marginal analysis to plan for the decreased enrollment? (The college is an on profit institution, so think broadly about its objectives.)
This change undermines the marketplace for the replacement which is about twice the size of the marketplace for T3MP.
Home and Foreign are two identical countries except that people in Home work twice as hard of those in Foreign. Each has two industries (Steel and Shoe industries), where steel production is capital intensive and shoe production is labor intensive. U..
Borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate and profit from the interest-rate differential.
At the end of 30 years you close the account and receive $639,250. Compute the effective interest rate you received.
Allocative efficiency in a competitive market is achieved when. Suppose the marginal cost curve in the short run first decreases and then increases. If marginal cost is increasing, _____ must be _____.
Following Keynes' work in explaining the Great Depression, economists started to make a distinction between.
Assume that in 1984 the total output in a single-good economy was 7000 buckets of chicken.
Then consider the theory of evolution. Do you consider the theory of evolution proven, evolving, or borderline science? Support your answer.
For this discussion, your focus will be to think through what asymmetric information, moral hazard, and adverse selection have to do with hiring a police office
"Part of the income generated by an ice cream machine is saved to purchase a new machine in the future. If $6,233 is deposited annually
Assuming that land and labour are complements in a farming production function, what would happen to the wages earned by workers and the rents earned by landowners in Texas.
The demand curve in the first market is given by Q1 = 55 -P1 (and MR1 = 55 -2Q1) and for the second market by Q2 = 70 -2P2 (and MR2 = 35 -Q2).
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