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F is a small society that produces and consumes just two goods: tequila and medicine. The price of tequila and medicine are both $1 per unit, but the marginal utility of medicine is less than the marginal utility of tequila. All consumers have identical Cobb-Douglass preferences.
1. Explain how equilibrium is achieved. Provide a graph with your explanation. Place medicine on the horizontal axis and tequila on the vertical axis. Clearly label the budget line and the indifference curves before and in equilibrium.
A car moving with an initial speed v collides with a second stationary car that is 49.0 percent as massive. Calculate the final speed of the second car
An emf is induced in a conducting loop of wire 1.11m long as its shape is changed from square to circular.Find the average magnitude of induced emf if the change in shape occurs in 4.03s and the local 0.135-T magnetic field is perpendicular to the ..
A 20 kg satellite has a circular orbit with a period of 2.8 h and a radius of 7.9 106 m around a planet of unknown mass. what is the radius of the planet
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1.travelocity would like to estimate the current average domestic airfare. the following data shows the airfares for 24
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At a certain distance from a charged particle, the magnitude of the electric field is 526 V/m and the electric potential is -3.40 kV. What is the magnitude of the charge
There are 8 atoms in a unit cell of Si. Silicon has an atomic weight of 28.09 and a lattice constant equal to 5.43 Amp. Compute the density of silicon
Four objects are situated along the y axis as follows: a 1.94-kg object is at +2.98 m, Where is the center of mass of these objects
A long straight wire carrries a current I1 of 15 A. A rectangular coil with two sides parallel to the straight wire has sides 5 cm, what is the net force of the coil
A charge of +q is located at the origin, while an identical charge is located on the x axis at x = 0.54 m. Where should the third charge be located
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