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Greg bought 5 cans of tunafish at $1 each and 4 packages of pasta at $2 each. Hismarginal utility from tuna is 25 units of utility per can and his marginal utility from pasta is 60 units ofutility per package. Next week he'll have the same amount of money to spend: should he do anythingdifferent? Why or why not?
Why is MTV so profitable relative to the major networks?
Inflation is an important policy issue because it causes a redistribution of income and wealth, and discourages saving and investment. Discuss how inflation affects borrowers and lenders, asset prices, and households on fixed incomes.
please define the price elasticity of demand and give a real life example of a good with an elastic demand as well as a
Which of the following will not cause aggregate private spending to decrease?
Musashi lives in Chicago and runs a business that sells boats
Calculate the monopolist's profit.
Pretend you are a neoclassical (free-market or environmental economist), new institutional (transaction cost or ecological), and instutional economist-from the perspective of the cost benefits of "going green" for major utilities (electricity, was..
Explain why in a monopolistic industry, if demand and cost curves are the same as those of a competitive industry, and if the demand curve has a negative slope and the supply curve has a positive slope, then monopoly output will be lower and price..
to increase its return a bank that expects interest rates to fall willawant the duration of its assets to be greater
As you are analyzing your motivations and sources of job satisfaction, consider the advice that was reportedly given to U.S. President John F. Kennedy
write a 3 to 4 page apa-formatted paper in which you address the questions below. use at least three cited references
1. lenders perceive that you are risky so you must pay 12 percent annual interest to borrow from one of them. you only
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