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a) Find the equation of the tangent line and normal line to the curve y = (2 + 3x) ^ 2 at the point (-4,100). Write the equations of the lines in the form y = mx + b
1) Tangent line: y =2) Normal line: y =
Evaluate the proposal. Be sure to include in your answer the price elasticity assumed by the consultant, as well as the published elasticity estimate.
Explain how the aggregate expenditure function shifts in response to changes in each of the variables - The real interest rate increases and Consumer confidence decreases.
How does grazing by native herbivores impact grassland ecosystems, what are the differences between pastoralist grazers and ranchers? Which is better for the grassland and how do we know this?
From the scenario, determine to the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Provide a rationale for your response. Examine the common price setting strategies of airlines ..
Suppose sugar has the demand curve P = 50 - 5Q and the supply curve P = 5Q. Compute equilibrium price and quantity and show graphically. Calculate the consumer surplus and producer surplus associated with this outcome.
Do you think criminals will commit more or fewer robberies in the states with the laws? How do you think the laws will affect the types of robberies criminals commit? Be sure to explain your economic reasoning.
Describe some of the likely consequences that can arise if the firm tries to maintain two different accounting systems.
The Quik Service Walk In Clinic always has three M.D. and 8 R.N.s working at its 24 hour clinic, which serves consumers with minor emergencies and ailments.
There is only one possible plant size for this operation; thus SRMC = LRMC = 4Q in this problem. Derive and graph the firm's short-run and long-run supply curves (on separate graphs).
From the first e-Activity, speculate how the monopolist could be more efficient in the long-run considering new competition has entered the marketplace
Calculate the total expected utility from each restaurant option and compare. Graph is not required. Describe your answer, and show your calculations.
Discuss why it might have historically made sense to centralize the lending decision. Discuss potential factors that might have motivated the decentralization of these rights in certain organizations.
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