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Suppose that you are a big fan of the Harry Potter books. You would love to own a copy of the very first printing of the first book, but unfortunately you can't find it for sale for less than $5,000. You are willing to pay at most $200 for a copy, but can't find one at that price until one day in a used bookstore you see a copy selling for $10, which you immediately buy. Are you being irrational if you keep the copy rather than sell it?
if peter consumes 1400 1200 and earns 900 1760 and if the interest rate is 10 the present value of his endowment
What is human capital and why it is important why we do not measure human capital in accounting statements
Nonage Determinants of Labor Supply Suppose that two jobs are exactly the same except that one is performed in an air-conditioned workplace. How could you measure the value workers attach to such a job amenity?
suppose a monopolist faces the following demand curvep 90 2q. marginal cost of production is constant and equal to 10
How to mitigate effects of very fast transients (VFT) on HV equipment ?
If the tax on a good is increased from $0.15 per unit to $0.60 per unit, the deadweight loss from the tax
Consider a U.S. Treasury Bill with a one year maturity and a face value of $1,000. If you purchased one, it would be an asset for you and a liability of the U.S. Treasury; currently, some $1.4 trillion are outstanding, which indicates that the..
Using the marginal utility approach discuss how economic theory explains the optimum pattern of consumption for an individual consumer
Evaluate how the audit process monitors the compliance management structure to ensure its purpose is intact - discuss how you would apply it to the Bullock Studios case study.
What quantity should Titan produce to maximize total revenue and what is Titan's fixed cost? How do Titan's marginal costs behave as output increases?
Presume that the economy has the following production function: Y/L = 8*(K/L) 0.5. Further suppose that s = 0.2, gL = 0.3, and δ = 0.1. What is the value of the steady state capital-to-labor ratio?
consider a perfectly competitive industry where each firm has an identical short run total cost curve given bytcq 100
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