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Could you give me a simple example where there is a Kaldor-Hicks efficiency?
Explain the purpose of an evaluation function and its differences from the corresponding measure used in expected utility theory.
q1. in which of the following cases should the united states produce more noodles than it wants for its own use and
Avoid having developed economies regress to a Smoot-Hawley type of isolationism or protectionism to avoid job losses in import-competing sectors.
Suppose you are assigned the task of determining the route of a new highway through an older section of town. The highway will require that many older
The risk-free rate is 6.4 percent and the market risk premium is 5 percent. Assume that required returns are based on the CAPM. Your $1 million portfolio
Suppose you bought a concert ticket from Ticketmaster for $50, but when you got to the concert scalpers (individuals who re-sell tickets at the event) were selling tickets in the same seating area as yours for $25. What is probably true?
What is the impact of the coupon rate and yield to maturity (YTM) on the bond par value and market value?
The GDP deflator is a good cost of living index. GDP is more volatile in the short-run than the long-run. All government spending is in GDP. If GDP is adjusted for purchasing power, the US usually improves its relative position.
If a person is selling apples in a perfectly competitive market with a price of $2 per pound, what is total revenue and marginal revenue at the 100th pound.
18-Inch Pipe Pumping horsepower Total product (barrels per day) Marginal product (barrels per day per hp) Average product (barrels per day per hp) 10,000 86,000
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 120 - 0.5P, and the marginal cost of production is $150. Determine the optimal number of units to put in..
q1. rex has determined that demand for his product is given by q180-5p and cost equation given by c75.3q. determine the
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