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If a policy is Pareto optimal:
some of the losses will exceed the gains.
it will hurt less than 50 percent of the population.
it will hurt almost no one.
it will hurt no one.
Think about a firm that you have done business with recently. What industry does this firm belong to For example, McDonald's is a firm in the fast food industry. What market structure would this industry fall under
Good 1 is a normal good and good 2 is an inferior good. Using 3 budget lines and 2 indifference curves, illustrate the effect of an increase in P2 on the consumption of both x1 and x2. Label income and substitution effects for both goods
Why do 20-years bonds issued by the US government have lower rates of return than 20-year bonds issued by corporations?
Suppose Apple sells phones with 4-inch screens and Samsung sells those 5-inch ones. Consumers have their hands of different sizes. Their most preferred sizes, as a result (that might depend on the probability that they drop their phones), are distrib..
Illustrate what ranges of the money growth rate (assuming positive values) would allow the Bank of Korea to achieve this objective.
A firm can determine how many resource units to acquire by comparing Marginal Revenue Product and Marginal Factor Cost, then continuing to acquire another unit so long as its MRP exceeds, or at least is no worse than, its MFC.
Assume that the market for salad dressing is in equilibrium. What will happen to the price of lettuce rises.
At the profit-maximizing quantity, what is the average total cost of producing e-books.
Which factors make the strongest impact on your personal labor productivity, or that of your closest family member, if you don't have a job? What actions can a person take to increase his or her labor productivity?
q.briefly explain the current 2012 discretionary fiscal policies that are being used by the federal government to try
Elucidate the effect this policy would have on the nation's real risk-free interest rate, nominal interest rates, real and nominal GDP.
q.assume that the equation for demand for bread at a small bakery is qd 60 - 10pb 3y where qd is the quantity of
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