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Describe the personal experience. Explain the situation precisely and clearly like a thought experiment. Explain why this particular choice/experience/situation was right or wrong according to one of the major ethical theories from this list*: Natural Law, Ethical Egoism, Ideal Altruism, Deontology, or Utilitarianism.
A stock has an expected return of 13.2 percent and a beta of 1.18, and the expected return on the market is 12.2 percent. What must the risk-free rate be?
Derek consumes only rackets and tennis balls. His utility function is U(x,y)=x^2y^8, where x is the number of rackets consumed and y is the number of tennis balls consumed. Derek's income is $320, and the prices of rackets and tennis balls are $4 and..
Yet, Andrew Jackson massacred and forced Native Americans out of these territories and mandated the Cherokee to march in severe winter weather
You are the manager of a gas station and your goal is to maximize profits. Based on your past experience, the elasticity of demand by Texans for a car wash is -4, while the elasticity of demand by non-Texans for a car wash is -6. If you charge Texans..
Demand elasticity is actually a quantitative measurement designed to show percentage changes in quantity demands by consumers.
Two students, Ryan Wattenberg and Emma Bennett, are discussing the idea of convergence over coffee. Ryan considers convergence to be true in theory but impractical in the real world. Most developed countries do not have similar resources endowments. ..
Suppose the economy is initially in long-run equilibrium and the U.S. stock market has a prolonged decrease in shareholder value. Use the AD–AS model to predict short-run changes to real GDP and the aggregate price level. Should the government undert..
Suppose w=$100. There are two commodities, electricity and food. Each unit of food costs $1. The first 20 kwh of electricity cost $1 per kwh but the price of each incremental unit of electricity is $1.50 per kwh.
Illustrate what is the lowland of far southeastern India that borders the Indian Ocean also contains the city of madras.
The Chamley-Judd result of zero optimal capital taxation says that 0 capital taxation are required in order to maximize welfare at the steady state. The result is 30 years old. Still assuming that we only care about the steady state, what's the liter..
If it has a contract to deliver 20 units in a week (no more than five days) how shall it arrange the daily production? [Hint, compare all feasible daily process
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