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Number of cars Average trvel time between A and B using route 1
1 10
2 10
3 10
4 11
5 12
6 14
7 18
8 24
Alternative route 2: average travel time is 18 minutes (no matter how many cars are using it) How many cars will take route 1? How many cars should take route 1?
Identify the type of anti-competitive behavior illustrated by each of the following: (also note the piece of legislation that declares this type of behavior as [potentially] illegal). Calculate the Herfindahl-Hirschman (HHI) index for the for the fol..
q1. suppose the environmental standard is too stringent. what does this imply about the relationship between the msc
Analyze and comment on economic analyses of health administrative innovations that are germane to the provision of health services. How have these innovations become more important in health care delivery within the context of the Affordable Care ..
Which of the following markets is closest to a perfectly competitive structure? When, in the long run, all firms in a perfectly competitive market structure use the same production technique, then: The only difference between a perfectly competitive ..
Tax-policy model assumes no autonomous tax. Derive an IS curve equation for an economy where taxes T are described by T = t0 + t1y: t0 being the autonomous tax level.
The EPA Administrator has decided that the equilibrium you have identified above can be achieved by creating a market and selling green house gases at the equilibrium price you have identified above. This means that this market will work exactly like..
If the housing market improves, what should happen to interest rates? Why? A decrease in employment will most likely cause interest rates to ______. Why? How would the reduction in Japan's rates impact interest rates in the United States?
Suppose Home and Foreign countries (H and F) trade two goods, G1 and G2, and each country is populated with 2 workers (workers can split work time between two industries). At home, one worker can produce either 1 units of G1 or 2 units of G2 in one d..
q.your local grocery store offers a coupon that reduces the price of milk during the coming week. the regular retail
Assume that you have a budget of $30 to spend on milk and cereal only. What is the most you can purchase of cereal? What is the opportunity cost of three units of cereal? If you purchase 5 units of cereal (Qc=5), then how many of milk can you purchas..
If you purchased a $50 face value bond in early 2015 at the then current interest rate of .10 percent per year, how much would the bond be worth in 2025?
Focus of the Final Paper In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies. Respond to the following points in your paper on the actions the government would take to address exp..
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