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jamal has a flexible job. he can work everyday but is allowed to take a day off anytime he wants. his friend Don suggests they go to the amusement park on tuesday.the admission charge for the park is $15 per person and it will cost them $5 each for gas and parking. Jamal loves amusements parks and a day in the park is worth $45 to him however jamal also enjoys his job so much that he would be willing to pay $10 per day to do it.a- if jamal earns $10 if he works should he go to the amusement park?b-if jamal earns $15...?c-if jamal earns $20...?
please explain how to calculate implicit explcit and opportunity costs.
Illustrate what is the opportunity cost (in civilian output) of a defense buildup that raises military spending
The Microsoft Case Microsoft Monopoly--Why was Microsoft investigated for antitrust behaviour.
Explain how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Illustrate what is the efficient price of water. Illustrate what are the quantities of water allocated to agricultural also industrial use.
She can charge different prices in the two markets. Illustrate what is the profit-maximizing combination of quantities for this monopolist.
How would each of the subsequent affect Helena's hand basket supply of worker.
Elucidate why liberals have traditionally endorsed national authority.
a bear that weighs 4000n gasps a vertical and slides down at constant velocity. Illustrate what is the friction force that acts on the bear.
Suppose that a firm has "pricing power" and can segregate its market into two distinct groups based on differences in elasticities of demand.
Using appropriate diagrams and notations, carefully explain the relationship between elasticity, total revenue and marginal revenue. Describe the uses of elasticity of demand.
Illustrate what is the maximum and minimum subscription price. If the subscription price is set at $48 per share how many shares must be sold and how many rights will it take to buy one share.
Does Ike feel emotionally neutral since the dollar value of the gain in his stock portfolio exactly offsets the amount of extra taxes he has to pay
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