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Q: Jane has 11 liters of soft drinks and 11 sandwiches.? Bob, on the other? hand, has 9 liters of soft drinks and 9 sandwiches. With these? endowments, Jane's marginal rate of substitution? (MRS) of soft drinks for sandwiches is 4 and? Bob's MRS is equal to 3. Draw an Edgeworth box diagram to show whether this allocation of resources is efficient. If it is explain why. If it is? not, what changes will make both parties better? off?
Manuela is known throughout her company that she fosters collaboration and communication. She is extremely hands-on with her team. She is an example of a/an _______ leader. A. interactive B. servant C. virtual D. democratic
Economic justice is another highly important ethical issue. In the United States, over 46 million people live in poverty.
Romans utility function os U(x,y)=6xy. The prices of goods x and y are $12 and $15. The indifference curve is tangent to his budget constraint, where he is consuming 20 units of good x. How many units of good y must he be consuming?
Economists’ models generally produce solutions that allow polluters to continue polluting to some degree. Why do economists favor allowing some pollution to continue? Provide a simple model that yields that result, explain the argument, and comme..
Draw a loanable funds market diagram and a net exports diagram to illustrate your answer in each case.
What is the Capitalized Equivalent worth of an infinite annuity of $1,000 paid every other year, when the interest rate is 11% annually?
Which of the following does not provide an example of something that could prevent new firms from entering a market?
Export subsidies levied by foreign governments on products in which the United States has a comparative disadvantage?
q.assume that country a has a population of 500000 moreover only produces one good car. country a produced 100000 cars
How does the U.S. economy compare with other market capitalist economies with respect to its degree of industrial concentration and the nature of its antitrust policies?
Costs imposed on future users of a resource are called ... 1) Transactions costs 2) Social costs 3) Private costs 4) Depletion costs 5) User costs
Think about the phrase 'easy to navigate' - when we say this, what do you think we mean by this?
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