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Assume there are 2 goods in the work: apple and raspberry. Say that geoffrey has a utility function for these goods, where r= quantity of raspberry, a =quantity of apple. U = 4r + 3a what is the marginal rate of substitution between the raspberry
Why should the government consider to increase tax on cigarette
Elucidate what financial impact each of those expenses has had on the companies margins
Consider two firms competing in prices and selling a homogeneous product. The market demand curve is p = 100 - q and the constant marginal costs of the two firms are 10 and 20 respectively. Also, suppose all prices should be integer numbers.
What are official international reserves of the central bank? What is likely to happen if a central bank suddenly prints a large amount of new money?
Between World War II and October 1979, the Fed targeted stable interest rates as a way of promoting a stable investment environment, were they successful? Why?
A country has the per-worker production function, y=5k^1/2, where y is the output per worker and k is the capital- labor ratio. The depreciation rate is 0.15 and the population growth rate is 0.05. The saving function s=0.2Y wh..
What is Jung's opportunity cost of producing two additional pounds of crackers? Who has the comparative advantage in the production of crackers? Explain your answer. Who has the comparative advantage in producing cheese? Explain your answer
The firm is considering a movement of the plant to Shenzen, China where labour is cheaper. The same mathematical relationship between inputs and outputs will hold.
Explain why is strong home currency mitigate the growth of inflation rate locally
In this larger geographic market, the firm's market share is low. Therefore, the defense claims, the firm does not have the market power necessary to carry out anticompetitive practices or to make them worthwhile.
suppose that in one year household consumption falls by $20 billion(compared to the year before), but business firms continue to produce consumer goods at an unchanged rate. if there is no other change affecting real GDP that year
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