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Question: Who benefited from the construction of the subway system in Washington, D.C.:
a. Owners of land near the subway line at the time the route was announced?
b. Owners of land near the subway line at the time the subway was completed?
c. Renters of apartments near the subway line at the time the route was announced?
d. Renters of apartments near the subway line after the subway was completed?
e. Renters of apartments not near the subway line? In each case, give your assumptions.
assume an economy with an ae curve with a slope of 1 where a one percent change in real interest rates changes real gdp
Develop a theory based on the first assignment that could be estimated with multiple regression.
Suppose that the firm uses three inputs to produce its output: capital K, labor, L and materials, M. The firm’s production function is given by Q = K^ (1/3) * L ^ (1/3) * M ^ (1/3).
(a) Will a monopolist's total revenue be larger with second-degree price discrimination when the batches on which it charges a uniform price are larger or smaller Why (b) How does a two-part tariff differ from bundling
Using the situations above, prepare a 5-10 page Microsoft Word document that addresses the above situations and meets APA standards.
What is the free rider problem when the government produces public goods and how can this problem be avoided? Both short run and long run production costs are U-shaped but their shapes are caused by different factors; what are these factors
Buying electricity off the freewheeling grid at one quarter 'til the hour for delivery on the hour illustrates: a. relational contracts with distributors b. vertical requirements contracts c.
Research the economic costs involved in the conducting break-even analysis for good or service of your choice. Assess the factors involved in conducting the break-even analysis. Find out the conditions which might exist for the manager of this goo..
the total cost curve of a representative firm in a perfectly competitive market is given by tc18x3-1.5x211.5x where x
Explain the Law of Demand in your own words - Give an example of a good that is a normal good for you. Give an example of a good that is an inferior good for you.
Describe the "Expectations Hypothesis" theory as it attempts to explain the term structure of interest rates. Describe the "Liquidity Premium Preferred Habitat" theory as it attempts to explain the term structure of interest rates.
Suppose the graph on the next page depicts the demand for football tic k ets at Grand University.
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