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Question: At his current consumption bundle, his marginal utility from books is 10 and from cookies is 5. Each book costs $10, and each cookie costs $2. Is he maximizing his utility? Explain.
Devise a policy that you feel would be better at preserving habitat for endangered animals while simultaneously protecting the property rights
How might the Fed respond to a problem of substantial unemployment? How might the Fed respond to a problem of high inflation? Can the Fed fight both inflation and unemployment?
College students sometimes work as summer interns for private firms or for the government. Many of these positions pay very little or nothing.what is the opportunity cost of taking such a job.
Haryana government is considering to extend Bhakra canal into a desert area for irrigation. The initial cost of the project is expected to be Rs 3.75 crore.
Draw the iso-profit curves of borrowers of types a and b that go through their respective full information contract in your diagram. If the banks offered the two full-information contracts without being able to distinguish the two types of borrow..
sometimes market activities production buying and selling have unintended positive or negative effects outside the
Explain how economist distinguish between the short run and long run. Why are these concept important to the theory of perfect competition?
The problem belongs to Economics and it is clarify about demand for luxury products. An example of top-of-the-line luxury sedans has been given. In this case, as the cost increases, so does the demand for the cars increase?
Construct the Binomial Tree. Use the replication of risk approach to show call option premium, ?, and B at every node of the tree
How is the energy produced? Exactly how does the energy become a part of the electrical grid? What are the pros and cons of the energy
A machine was installed 5 years ago. Its market value is now $15,000 and is expected to decline by 10%/year over the next five years. It is projected that this machine will be operational for another five years, after which time it will be scrapped (..
Why productivity growth in high-income economies not slow down as it runs into diminishing returns from additional investments in physical capital and human.
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