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A diabetic's demand for insulin is almost completely price inelastic. Draw a set of indifference curves and an appropriate budget constraint that would generate such a demand curve.
q1. suppose that the government chooses conscription i.e. government services the representative consumer to supply
A manufactures of a well-known brand of toothpaste is considering changing the way he prices his tooth paste. Currently, he is selling it at $5.00 per bottle. He hired a college professor of economics to estimate the demand function for the product.
The Kuznets ratios satisfy the Dalton transfer principle. If the Lorenz curves of two situations do not cross, the Gini coefficient and the coefficient of variation cannot disagree. If a relatively poor person loses income to a relatively rich person..
Consider an economy with two separate regions: A and B. There are 100 million workers in total who supply their labor in elastically. The demand for labor (in millions) in region A is EA = theta *100 15 wA and in region B it is .EB = theta *100 15 ..
You put money into an account. One year later you see that you have 5 percent more dollars and that your money will buy 6 percent more goods.
In March 2008, the Fed helped prevent the bankruptcy of Bear Sterns. However, in September 2008, the Fed and the Treasury let Lehman Brothers go bankrupt. What accounts for the different decisions?
A solar panel has an installed cost of $2900, and it reduces the homeowners energy bill by $29 per month. The residual value of the solar panel is negligible at the end of it's 10-year life. what is the annual effective IRR of this investment
How might this impact stock price in the short term? How do you believe that management deals with these two sometimes competing goals?
How much must be deposited each month for 9 months at an interest rate of 9.6% per month to allow for a single withdrawal of $54,273.31 at the same time as the last deposit?
The "interest-only" mortgage typically converts later to a. Many years ago, the traditional mortgage loan structure specified. "Exotic" mortgages became popular in part because they allow someone of. Other things equal, increasing home prices tend to..
What is the situation in the area of trade (use a dollar amount)? What do keakages equal (measured in dollars)?
q.reflect on the solow growth model by means of technology given by y zfk n k12n12 its savings rate is 0.2 moreover
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