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Question
A consumer has a daily income of $96 and purchases just two goods, burgers and sodas. the price of burgers is $8 and the price of sodas is $2. with burhers on the horizontal acis, draw the budget line for the consumer. calculate the slope of the budget line. how would the budget line chnage if we increase the price of sora to $4.
When a worker announces that she plans to quit, say next month, the threat of being fired is generally not credible. The worker may find it in her interest to shirk. What can a manager do to overcome this problem?
How would Keynesian solve a recessionary gap using personal tax rates.
Calculate whole expected convenience from each restaurant option and also compare?
Discuss the ethical issues surrounding each. What is your opinion regarding the situation? What would you do if you encountered a similar situation?
What is IPO underpricing? If you decide to try to buy shares in every IPO, will you necessarily make money from the underpricing?
What is meant by a good being "excludable."what is meant by a good being "rival in con- sumption." Is a slice of pizza excludable? Is it rival in consumption?
Discuss the opportunity cost you incur for some activity in your life. Additionally, what activity do you feel you have a comparative advantage in?
Decrease DEMAND (finding alternatives to oil). Graph how these two changes will bring about lower gas prices. Which school of thought do you subscribe to?
Describe the study done by Chatterjee and Lal (2009) "On farm assessment of tillage impact on soil carbon and associated soil quality parameters"
Consider the following utility function, which specifies Carina’s preferences over two goods, donuts (D) and brownies (B). (Please note that we call this type of utility function quasi-linear.) U(D, B) = 3D + 2Bˆ 2 (a) (10) Plot an indifference curve..
In economics two schools of thoughts have emerged regarding the aggregate supply curve. The Keynesian paradigm suggests that the Short Run AS better describes production in the economy (prices are generally sticky) while the classical school defends ..
You are a sales manager in the electronics industry. Your firm had a salesperson in the far western U.S. who everyone thought was a high performer. List and describe five (5) pipeline analysis evaluation criteria that would have allowed you, the sale..
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