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A consumer of two goods faces positive prices for both goods and has positive income. Her preferences over consumption of good 1 and good 2 are represented by the following utility function: u(x1; x2) = e^(x1+ln(x2))^.5Assume, the price of good 1 is 1 (p1 = 1) and the price of good two is p2 > 0. Use m to denote income.a. What properties about utility functions will make this problem easier to solve?b. Which of the non negativity constraints on x1; x2 will bind for small m?c. Derive for the Marshallian demand functions and the indirect utility function.d. Derive the expenditure function for utility level u.
Illustrate what are the basic provisions of a collective bargaining agreement. Explain the differences between meditation and arbitration.
How can corporate culture affect productivity? What is its source of generation? Does it just emerge, or is it cultivated? How can corporate culture affect the productivity of the organization? Share your thoughts and examples.
Which of these methods of encouraging growth would you suggest to a newly industrialized economy,
If the Fed changes the money provide to match the change in money demand, what will happen to the interest rate over time.
Illustrate what happens to the demand curve and the supply curve when any of these determinants change.
This would be a good chance to point out one very important information. We associate monetary rule with lower or higher interest rates, but what most people do not realize is that the Fed is actually doing is changing money supply
Suppose last year's real GDP was $10,000 billion, this year's nominal GDP is $13,800 billion, and GDP-deflator for this year is 110. Determine the growth rate of real GDP?
Over the past 3-years, as the result of reducing values for digital cameras, the price of developing traditional 35mm film has increased 5 percent yearly.
a nation to have commercial relations with other countries
Auger busy in a promotional campaign costing $60 million this year, its annual after-tax cash flow over the next five years will be.
Answer the following questions as these general questions pertain to the specific issue selected.The questions that you will cover with respect to your choice of broad social issue in the paper are given.
Elucidate how these economic concepts can be used to address the firm's problems and opportunities.
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