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Assignment:
U(x1,x2)=x1+√x2.
Are the preferences locally non-satiated? What about monotone? What about strongly monotone? Justify your answers.
Are the preferences convex? What about strictly convex? Justify your answer.
If there is a new breakthrough in manufacturing technology that reduces the cost of producing DVD players by half, what will happen the following Four parts of supply and demand: (1) supply of DVD players, (2) demand for DVD players, (3) price and sa..
Derive the supply curve of a firm with an extraordinarily talented manager - Derive the supply curve of a firm with an average talented manager and Calculate the equilibrium price and quantity and show them in the graph.
For each of the following transactions, identify whether or not it would be included in GDP: What is Metrica's GNP? Is it higher or lower than its GDP?
Please select three of the S.P.I.R.I.T values and describe an event(s) from your professional, academic or work life that demonstrates you exhibiting the value.
My paper is about evaluating the potential for State Farm Insurance expands
To start this discussion, any student can post a link for a news about a current issue that relates to price controls or labor market.
Future economic glowth
Consider a city with 36 workers and three occupations: burglary (b), robbery (r), and plumbing (p). For each occupation, the payoff curve is negatively sloped,
A pastor converts heathens (h) into reformers (r) by offering them a prayer (p). In order to produce 1 reformer (r), the pastor must have both a heathen.
Explain why purchasing, power, parity (PPP) works better in the long run than in the short run. Your 200 word answer should focus on selecting and organizing your most relevant comments in a coherent fashion.
cameron and drew are neighbors and are both skilled in carpentry. if cameron spends a full day on painting he can
Developing a brief summary of endogenous and exogenous growth theories. Analyzing the impact of government policy on the long-term growth rate of an economy.
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