User Account

All Pages

Explain why market recognizes first effect-but not second

Assignment Help Business Economics
Reference no: EM13896599

Suppose the education an individual acquires makes her a more productive member of the workforce and also decreases the likelihood of her supporting dictator. Explain why market recognizes the first effect, but not the second?

Reference no: EM13896599

Questions Cloud

Who pays the tax-graphical model with interpretation : Who pays the tax: Graphical model with interpretation? Then the mathematical model solution with interpretation: compare P1 with P2 with P1 + tax
How the level of well-being in country has changed over time : Which of the following best measures how the level of well-being in a country has changed over time?
Experienced diminishing marginal utility : Describe when you have experienced diminishing marginal utility. Also discuss opportunity costs you have had to pay in order to attend school
What is the firms profit-maximizing markup : The demand function for a firm’s product is Q = P!3. The firm’s marginal cost of production is constant at MC(Q) = 12. Using your answers to (a) and (b), what is the firm’s profit-maximizing markup? (Justify your answer carefully. Do not forget about..
Explain why market recognizes first effect-but not second : Suppose the education an individual acquires makes her a more productive member of the workforce and also decreases the likelihood of her supporting dictator. Explain why market recognizes the first effect, but not the second?
Carolina christmas tree corporations total revenues : The Carolina Christmas Tree Corporation grows and sells 500 Christmas trees. The average cost of production per tree is $50. Each tree sells for a price of $65. The Carolina Christmas Tree Corporation’s total revenues are
Natural logarithmic function : The given is natural logarithmic function. Ln(Q)=-0.23-0.34ln(P)+0.45ln(P2)+1.33ln(I). What is the price elasticity of demand for raspberries? What is income elasticity of demand?
Observations collected in regression study on two variables : Given are five observations collected in a regression study on two variables.
Number of television broadcasts : Let G be the number of television broadcasts each day. Consider 3 individuals with preferences UA =G/4 UB =2–G^(3/4) UC =G–(G^2)/2 a) Show that the 3 consumers have single-peaked preferences

Reviews

Write a Review

Business Economics Questions & Answers

  Illustrate what greens fees should the operator set

Illustrate what greens fees should the operator set on weekdays and how many rounds will be played.

  What relationship exists among these variables

Suppose X - M = net exports; T - G = government sector balance; and S - I = private sector balance. What relationship exists among these variables?

  Less the condition of full employment

Describe in 100 words or less the condition of “full employment” and explain why, even under the conditions of full employment, there is still a percentage of the labor force who are not working.

  List what word each letter in the acronym blue stands for

The Gauss-Markov theorem states that OLS estimates are BLUE. List what word each letter in the acronym BLUE stands for. Then, give an intuitive definition for each of these words ?

  Formulas for marginal benefit and marginal cost

Suppose that you can schedule a worker for up to 10 hours per day. The total benefit and total cost functions are B(H) = 1200 × √H and C(H) = 200H. The corresponding formulas for marginal benefit and marginal cost are MB(H) = 600/√H and MC(H) = 200. ..

  The assignment is to determine the same information on the

the assignment is to determine the same information on the demand for gasoline tab using the information in the example

  In the context of international financial crises

In the context of international financial crises, what mathematical methods have Economists employed in order to quantify financial contagion?

  Illustrate what happens to amount of debt held by public

If 100 % of deficit is financed by sale of securities to federal agencies, illustrate what happens to amount of debt held by public Illustrate what happens to level of gross debt.

  What are n predictions of model

Reasonable to assume that disutility of pollution is related to flow of new pollutants and it is thus adequate to use a static model. What are n predictions of model.

  Marginal utility is cumulation or summation of total utility

The Law of Supply suggests that the price-elasticity of supply is: If a 10 percent increase in the price of one good results in no change in the quantity demanded of another good, then it can be concluded that the two goods are: Marginal utility is t..

  In game theory-dominant strategy refers to choice

In game theory, a dominant strategy refers to a choice

  Some dramatic change in the market structure

There was some dramatic change in the market structure that the one firm merges all the firms in the aforementioned industry. That means now the industry has a monopolist. Find the price, quantity, and the level of profit that a monopolist will face...

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd