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Consider a consumer who spends all of her income on two goods. Prove that it is impossible for both goods to be inferior for this individual. (Suppose the assertion is not true. Write algebraically what this means, and derive a contradiction by using the relevant budget equation.)
q.in 2009-2010 when the economy was in a deep slump the fed had taken interest rates to zero increase in money supply
q.based on the production function parametera. which industry or industries appears to exhibit decreasing returns to
Explain what should be the production level if fixed costs rose to $70,000 per month. what should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity.
Which of these types of firms can earn a positive economic profit in the long run.
The Employment and Training Administration reported that the U.S. mean unemployment insurance benefit was $238 per week. A researcher in the state of Virginia anticipated that sample data would show evidence that the mean weekly unemployment insuranc..
In which direction will the scale effect change the firm’s employment of labor? c. Can you say conclusively whether the firm will use more or less labor? More or less capital?
When consumer is provided a $50 gift certificate that is good only at store X, she moves to a new equilibrium at point D. Prices of goods X and Y. Explain how many units of product Y could be purchased at point A.
q1. assume the two rival office supply companies office depot and staples both adopt cost matching policies. if
The same size of word for data and instructions, what is the size of each data register. Elucidate what is the size of the instruction register of the computer in the fist question.
what combination of monetary and fiscal policy should they choose? Use a graph, and be sure to identify the effects of each policy.
Select a private-sector, for-profit firm and write a 1,050 to 1,400-word paper/business proposal in which you provide recommendations to that firm. Explain how fixed and variable costs should be adjusted to maximize profit.
Suppose that you are indifferent in between se designations, save for differential risk of death, and illustrate what does your willingness to pay for these vacation tells you about Explain how much you value your life.
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