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Question: PepsiCo produces both a cola and a major brand of potato chips. Coca-Cola produces only drinks. When might it make sense for PepsiCo to divest its potato chip operations? For Coca-Cola to begin manufacturing snacks? Be sure to examine both cost and demand factors.
Econ 103-1 Midterm Exam. Smith has $5 to spend on two goods: video games and hot dogs. Draw a graph of Smith's budget constraint, placing videos on the Y axis
Assuming other things equal and capital and labor are fixed in quantity and using our aggregate production function and factor market diagrams, illustrate what happens to output, the real retal rate on capital, and the real wage of labor following..
Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run.
how might the expansionary monetary policy affect the extent of crowding out in the short run?
what assumptions about preferences imply that indifference curves have the bowed-in shape they are assumed to
suppose that a consumer's preference between the good x and y are represented by the utility function u(x,y)= x+y. If these two goods have the same price, describe the optimal consumption choices of this consumer.
Critically compare and contrast corrective taxes, non-tradeable permits and tradeable permits as tools to reduce carbon emissions. Be sure to consider both efficiency and equity and use economic terms where appropriate.
low income housing or subsidized housing in urban economics.the paper must be atleastten pages longmake sure that you
Determine what role health plays in developing economies
The Miracle Corporation had the following sales during the past 10 years.
when asking about what is offered from each plan to help you decide would you not want to know how much each costs? if
1. For the following 2-player nonzero-sum game, simplify the game as much as you can by eliminating dominated strategies.
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