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Q. Assume a consumer has preferences represented by the utility function U(X,Y) = MIN[X,3Y]. Assume PX = 1 and PY = 2. Draw the Income Consumption Curve for this consumer for income values M = 100, M = 200, and M = 300. Your graph must accurately draw budget restrictions for each income level and specifically label the bundles that the consumer chooses for each income level. Also, for each bundle that the consumer chooses, draw the indifference curve that goes through that bundle. Label your graph accurately as well as carefully.
If the company issues debt to finance the project what would be the value of the company. What would be the value of the levered equiy.
The type of manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job.
Should the United States pass a minimum wage that assures all workers earn a wage above the level of poverty.
Over the course of this month he has to deliver to 50 spots. To do this job he has 4 possible combinations of output that he can use
Assume that you live in a simple economy in which only three goods are produced and traded.
Assuming sum-of-years digits depreciation, what book value will Model-I have after two years.
A basic theory of underlying macroeconomic behavior and therefore useful for making policy predictions. Briefly explain.
A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.
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Explain and show graphically the effect on the supply and demand for Bonds in a deflationary period. What is the effect on interest rates and the quantity of bonds.
Why might variations in the dollar's value in terms of other currencies cause the trade deficit to move independently from the changes in the government budget deficit.
Walmart founder Sam Walton amassed an enormous fortune in discounts retailing one of the most viciously competitive markets imaginable.
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