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1.What are the four basic assumptions about individual preferences? Explain the significance or meaning of each.
2. Can a set of indifference curves be upward sloping? If so, what would this tell you about the two goods?
Explain why housing prices vary from one city to another
hi i need this assignment done within 8-12 hours of this confirmation. it is very critical that i can have this
Please describe in detail the five IMC elements and their role in an IMC program. What are the advantages and disadvantages of each of the tools? Explain front end and back end tools. Explain the concepts of "linkage and synergy as they relate to IMC..
Suppose that Martha's income is $40,000 per year. She can spend it on health care visits, which cost $80 per visit, or on groceries (standing for all other goods), which costs $100 per bag of groceries. Draw Martha's budget constraint. Using Indif..
assume that there are two goods in the economy x and y. preferences of consumera are represented by the utility
It is supposed that the liquid soap market is perfectly competitive and current price of a case of liquid soap is $42.00. The firm has estimated it's marginal cost function to be as follows: MC=0.006Q.
assume that the market is perfectly competitive. solve for equilibrium price and quantity pq. also compute the
kinesiology
you are given the following demand function for the ?rm q 20 - p. its total cost function is tc q2 8q 2.
During the Great Depression, food was left to rot in the fields or fields that had once been actively cultivated were left fallow. Use one of the principles of economy-wide interaction to explain how this could have occurred.
How much more labour will workers wish to supply than the firm will want to hire?
What is rent seeking How much, potentially, might this monopolist spend on rent seeking activities Assume that they will earn the same profit you calculated in part c forever, and that the interest rate is 5%.
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