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Compute all answers in (Solver) Excel, and show equations.
Assume 2 markets;
Pizza= Qs = 5+8Pp Qd = 10 - .2Pp + Ph
Hamburger= Qs 20 + Ph Qd = 40 -3Ph + 2Pp
Find the price of pizza and hamburger that clears both markets at the same time.
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What is the definition of diminished marginal utility? and How is it applied in everyday life?
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At the end of 4 years, Ogi sold the truck for $3000. The combined federal and state income tax rate for Ogi is 45%.
If the child chooses the marbles at random, what is the chance that the child gets all of the red marbles? Marbles are not replaced.
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Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
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