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If someone has y=$400 non labor income and a total 150 hours to allocate between work and leisure, w=$10/h. Would his budget constraint be C=400+(150-L)*10? How to determine the slope of this budget constraint? and how to solve the optimal desired hours of leisure and work? Thanks.
Consider the following situations. Which ones appear to represent rational decision making? Explain.
Currently, a small BBQ sauce company buys their spices in pre-made packages that go into each batch. They buy about 980 packages per year and they don't see that changing significantly. They pay $98.50 per package. The engineering department thinks t..
You decide to upload your recent project to a programming community website for feedback, and one thing that community users keep pointing to is the lack of exception handling.
If you were an investor, would you support a project by starbucks to deliver starbucks product through a smart phone app within one building-say the Empire State Building, or the Columbia Tower in Seattle, or the Sears Tower in Chicago? Why and why n..
What is regionalism? Use European Union as an example to illustrate the major steps toward regional integration. What major features can you identify for regional integration in Europe, North America and East Asia? what are the dynamics for regional ..
Suppose the banking system currently has $275 billion in reserves, the reserve requirement is 8%, and excess reserves are $43 billion. What are the level of Loans?
An increase in the interest rate is expected to cause the optimal level of human capital investment for an individual to:
What will be the gross revenue if the government’s NCF is $560,000, contractor's NCF is 240,000 and the contractor's cost is 200,000?
The cost function for a firm is given by TC = 6,000 + 12.5Q. The firm sells output in a perfectly competitive market and other firms in the industry sell at a price of P = 25 - 0.5Q. (i) What level of output should be produced to maximize profits?
Treasury bonds typically have lower coupon rates than corporate bonds because
Corporate Strategies are divided to long-term and short-term.
Please write a 250 word report on The current and projected unemployment over the next five years using the resource below:
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