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a) Often, we assume that consumers have diminishing MRS. Explain what that means and how it is reflected in indifference curves.
b) Can you draw an indifference curve that does not have diminishing MRS, but that is still allowed?
Calculate each fund managers average
Two companies (A and B) are duopolists who produce identical products. Demand for the products is given by the following linear demand function: P = 10,000-Qa-Qb
1. suppose on monday april 23 2012 you withdraw 1000 from your savings account and put the money under the mattress.a.
Examine the extent of internal rivalry, entry, substitutes, buyer power, and supplier power within your industry, indicating whether each of these forces represents a high, medium, or low threat to profits.
Find out the properties of these models by considering the growth of Y in relation to time.
In Example 9 in Sect. 13.6.2, it was shown that to achieve a balanced budget, cutting government expenditures by 30 % from $125 to $87.5 billion must be accompanied by raising the marginal tax rate from 10 to 14.15 %. Show how the required tax rat..
Which resource and in which country/industry are seen as scarce and what is being done in the industry or country. What substitutes have been used to overcome this problem
suppose that the trade pattern of a country is that it exports foodstuffs and imports fancy sports equipment. can you
Write a 2000 word essay analysing the conditions under which the manager of a profit-maximising firm must decide to shut down its operation. Consider oligopolies, monopolies and perfectly competitive firms.
Use a production possibilities frontier graph to illustrate the trade-off to an economy between producing consumption goods and producing capital goods.
Prepare a fifteen to twenty slide Microsoft PowerPoint presentation with detailed scholarly speaker notes.
Explain what peer group analysis means. As a financial manager, how could you use the results of peer group analysis to evaluate the performance of your firm How is a peer group different from an aspirant group
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