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Suppose a public good is provided in an economy with only two consumers, Popeye and Captain Hook. If Popeye values the public good at $4,000 per year, and Captain Hook values it at $3,000 per year, the economy's marginal benefit of the public good per year is?
a). Derive the equation for the IS curve b)Find the equation for LM curve. c)express both IS and LM curves in terms of r, and graph both curves.Find their slopes. d) Calculate the equilibrium levels of real utput, interest rate, planned investment, a..
When the $25 market price remains unchanged for several weeks and all other things remain equals well, the barbershop hires additional employees and provides 65 haircuts per day. What is the short-run price elasticity supply? What is the long-run ..
A firm has just introduced a product in a market and would like to increase its market share by focusing on maximizing revenue in the current period. It has estimated that the demand for the product is Q = 1,500 - 75 P. Then to maximize revenue, t..
suppose the indiana power company wishes to maximize profits. the cost demand and revenue functions have been
derive the marginal rate of substitution mrs between x and yuxyaxp1-ayp1puxylnxy uxyxaxalphaybetay
Suppose production of this good provides an external benefit of $10 for each unit produced. What is the efficient quantity in this market? How might the government respond to correct this market failure?
Since identifying the M D curve is difficult, the overnight interest rate is often used as the primary method of implementing monetary policy, whereas the money supply is kept fixed. Explain whether this statement is correct or incorr..
Concerned about the crowding-out effects of government borrowing on private investment spending, a candidate for president argues that the US should just print money to cover the government's budget deficit.
For this question, Hurricane Katrina damaged a large portion of refining and pipeline capacity when it swept through the Gulf coast states in August 2005. As a result of this, many gasoline distributors were not able to maintain normal deliveries.
Based on your knowledge, experience, and ideas, discuss data structures (such as arrays or array lists) in the language of your choice. Answer 2-3 of the following questions in your report:
a monopolist has determined that marginal revenue is 2.00 and average cost is 1.75. it has also determined that the
What are real-world examples of government intervention taxation and regulations? What are the goals of each?
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