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Q. Decide whether each of following statements is true or false. Then explain why your answer is correct, based on Slutsky decomposition into income and substitution effect.
a) "If both current & future consumption are normal goods, an increase in interest rate will necessarily make a saver save more."
b) "If both current & future consumption are normal goods, an increase in interest rate will necessarily make a saver choose more consumption in second period."
Based on demand function from previous question, when price of good is $50, how many units of good are demanded.
You are using a sample size of 15 for your charting purposes. Which of the following is the upper control limit D4 factor for the chart.
The number of days' sales in inventory. Round to nearest dollar and one decimal place. Illustrate what conclusions can be drawn from these data concerning the inventories.
Conclude whether there is an arbitrage opportunity in the option market, using the put-call parity.
Briefly state basic characteristics of pure competition, pure monopoly, monopolistic competition and oligopoly. Under which of se market classifications does each of following most accurately fit.
Average cost of producing 70 pies in batches of ten is $5.00 per pie and the average cost of producing 80 pies in batches of ten is $4.50 per pie. Elucidate the marginal cost of the 8th batch of pies.
Elucidate the impact does the dollar appreciation have on the firm's international competitiveness.
In country B the opportunity cost of 100 gallons of beer is 0.95 tons of cereal. Both countries can experience gains from trade if the exchange rate for a ton of cereal is 96 gallons of beer
Illustrate what is the relationship between the Phillips curve, cumulative demand also cumulative provide.
If American cheese also cheddar cheese are substitute afterward which of the following would increase the demand for cheddar cheese.
In 2002, a well known conglomerate that produces a multitude of noncompeting customer products instituted a corporate wide initiative to encourage the managers of its many divisions to share consumer demographic info.
Elucidate how do you find the angle of the ray the isoquants are on. One more unit of capital does the firm no good. Draw the isoquants for this production function.
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