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Many of us are familiar with dating sites such as Match and eHarmony. (Yes, there also are Tinder and the infamous Ashley Madison, which are better known as "hookup" sites.) They do cost money and individuals that join the sites are expected to place personal information about themselves.
Arguing from an economic viewpoint, why would individuals use these sites to find possible partners rather than depending upon workplaces, bars, and other organizations for their searches?
Elucidate how which any two pure strategy equilibria of a zero-sum game are interchangeable also equivalent.
Suppose that $2,000 is placed in a bank account at the end of each quarter over the next 15 years with the first deposit made 3 month from today. What is the future worth at the end of 15 years when the interest rate is 6% per year compounded quarter..
Should the CEO at Plain Truth cancel the audit and rely on a brief year-end summary from each sales account manager? Why?
Use the market for loanable funds to explain what happens to 1) private savings (PS) 2) private investment spending (PI) and 3) the interest rate (r) if each of the following events occur: The government decides to invade and occupy a Middle Eastern ..
Several medical studies have shown that red wine in moderation is good for the heart. How would such a study affect the public's demand for wine?
Suppose that each person has playing cards numbered 8 and 6. Playing the 6 "pulls" $6 (from the experimenter's reserve) into one's own earnings, and playing the 8 "pushes" $8 (from the experimenter's reserve) to the other person's earnings. Draw the ..
An engineer invested $10,000 in the stock market. For the first six years, the average return was 8% annually. For the next four years, the return as 4% annually. What is the value of the account after 10 years? What is the effective annual rate of r..
In order to financially stimulate the nation, the Federal government injected $900 billion dollars into the economy. However, the results were less than spectacular. One reason could have been a failure to understand the marginal propensity to consum..
What is unique about perfect competition as a market structure that sets it apart from the other three market structures? How does it affect the diagrams that we use to analyze firm behavior? What are the implications of the assumption of easy entry ..
q1. select two products or services with which you are familiar - one produced in the u.s. and the other produced in
Suppose the number of officially classified employed persons equals 80 million people; the number of discouraged workers is 12 million people; the number of stay at home spouses is 15 million people; the number of underemployed workers is 9 million p..
(a) Develop a choice table for interest rates from 0% to 50%. (You do not know what the reader's interest rate is.)
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