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for every penny that the price of gasoline goes up the U.S. postal service experience a monthly fuel cost increase of $8 million. State what assumptions you need to make to answer this question: " How many mail delivery vehicle does The USPS have in the United State?"
A firm has a cost function given by the following: Find the firm's production function, y= f(x1, x2).
Price elasticity of demand for two customer segments
About the topic of national debt, it just likes we lent money from our offspring. Most of us think the debt is bad.
when the government increases taxes to provide traditional public goods, such national security, there tends to be what. marginal external cost equals marginal private cost minus marginal social cost.
Assume the military bureaucracy consistently misinforms Congress on total costs of producing military hardware. Suppose that it underestimates the actual costs and that the political representatives believe these estimates.
Show how one can derive the change in market value of equity as a function of adjusted duration gap, asset size and interest rate shock.
Calculate the price elasticity of demand for Einstein's Bagels and explain what it means. Derive an expression for the (inverse) demand curve for Einsteins's Bagels.
can country A change the outcome of the game by burning the bridge they are crossing to invade and committing its troops to fight? expand the game tree to show this option for county A and find the new Nash equilibrium. Explain
Describe the difference between a monopoly and an oligopoly, and a cartel and provide an example of the monopoly, an oligopoly, and a cartel and write down the welfare effects of monopolies and oligopolies.
What employees are involved, what are their perceived inefficiencies, and how are they compensated and evaluated?
Discuss, using examples and academic references, the statement that perfect competition gives an optimal allocation of resources but that the existence of scale economies may make perfect competition impossible.
Assume that you became president of small theater company. Your playhouse has the 120 seats and small stage. The actors have national reputations, and demand for tickets is enormous relative to number of seats available
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