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Problem: Joshua is currently consuming the optimal (utility-maximizing) quantities of tuna and ham when the price of tuna suddenly decreases. How will this affect his indifference curves and budget line and how will he respond to this price change?
Describe how economic and social environmental factors such as reference group, family and culture influenced your buying decision.
A monopoly has produced a product with a patent for the last few years. The patent is going to expire. What will happen after the patent expires?
How has interdisciplinarity functioned in this course and in your work on your capstone project? Which different academic disciplines-your major
Suppose G falls, T rises, and M increases and that this combination of policies has no effect on output. Show the effects of these policies in an IS-LM diagram. What happens to the interest rate? What happens to investment?
Has the researcher clearly explained and justified the chosen methodology? What research methods has the researcher adopted to conduct the research project?
What are issues in choice of functional form and what would be an alternate functional form that avoids these issues?
Interpret X as the result of a doctor's diagnostic test and X' is the result of a possible additional test. Show that if f∗(X,X')(x, x') = f∗X(x) for a problem (u, A), then there is no point in doing the extra test
question 1 the fumes from dry cleaners can contribute to air pollution. suppose the following graph illustrates the
What is the social preference according to plurality rule? What is the social preference according to simple majority rule?
A firm has determined that its variable costs are given by the following relationship:
question 1a in a competitive market place pure competition is it possible to continually sell your product at a price
Assess use and allocation of resources for their role in environmental and resource management issues.
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