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Assignment:
Identify a personal economic decision that was driven by a behavioral bias rather than by pure rational behavior. Given your understanding of behavioral economics, how would your decision differ today?
A project to deepen the river by dredging would reduce the damages for both families.The deeper the dredging, the less the damages.The marginal benefits to each family are given in the table. Plot each family's demand curve for the project. Calcul..
Draw a supply and demand graph that demonstrates what happens to the market with a tax. Include and label: original demand (D) and supply
Television channel operating profits vary from as high 45-55% at MTV and Nickelodeon down to 12-18 at NBC and ABC. Provide a Porter Five Forces analysis of each type of network.
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 290.
Morgan signs a contract with Shane agreeing to work with him for a movie. Halfway through the production of the movie, Shane decides to quit as he gets another
(b) How does an increase in the initial stock affect the immediate harvest of a renewable and a nonrenewable resource? Does it have the same or different qualitative effect?
What is the tax price of educational spending after the policy? How much will Lexington spend on education? How much will it spend on all other goods?
Explain how scarcity and choice are related. Economic theory says that a rise in the price of a good will cause people to buy less of it. If the price of meat increases and John Doe buys more meat, has the theory been refuted? Explain.
Consider an exchange economy with two goods (x and y) and two agents (a and b). Agent a has preferences represented by ua(xa, ya) = xaya and endowment
store-front web sites make money like many traditional business by selling products or services for a pre determined
a major producer of plastics in the united states is about to expand its business. as part of this expansion it will
Based on this information, what price should you charge and what quantity should you produce and sell?
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