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Show the derivation of the individual demand function for a utility maximizer consumer and b) explain the common properties for the points on this function.
Describe the forces that will affect this situation in the long run. How will a long-run equilibrium arise? What will happen to p*? What will happen to the number of firms in the market? How will it affect this firm's and other firms' profits or l..
Economics is the study of how society chooses to allocate its scarce productive resources (labor, capital, land, entrepreneurial talent).
Suppose you own a car wash and that its total cost function is C = 20 + 2Q + .3Q^2 where C = total cost in dollars per hour and Q is the number of cars washsed per hour. You recieve 5 dollars for each car washed.
Review the two articles about bank failures and bank diversification that are found below this. Economic history assures us that the health.
Use profit maximisation and revealed choices by firms to show the law of supply.Be sure to define what is meant by "the law of supply"? The response must be.
Evaluate the effectiveness of monetary policy during the 2008 recession in the United States. Does the role of monetary policy increase the volatility of growth in the monetary base and Real GDP in the U.S?
Consider a village where all households are eligible for a loan from a microfinance enterprise. Suppose that half of those households borrow.
The first task is to develop an outline asset maintenance policy for the case project. This should recommend suitable maintenance management strategy for the next five years.
Connect your previous findings with the theories covered in class. What theories are most appropriate to understand the patterns of trade.
Sidney Featherstone of TIP, Inc. is owner and CEO of the company. He has made the company successful through his decision making over the years. This year he decided to retire to Costa Rica. He does not intend to change any aspects of decision mak..
Describe the types of innovations or improvements that have come from involving the target customer in the supply chain.
Draw the indifference curve for perfect complements where the the utility function is given by U=MIN(X,5Y). Sketch the curve for utility levels 1,3 and 5
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