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Think of a product or item (not food) that has a diminishing marginal utility. As a consumer what efforts do you undertake to lessen the law of diminishing marginal utility on these products? Are there any product that might have an increase in marginal utility?
An investor buys a 3% 20-year bond with a face value of $1000 for $1088. After receiving semi-annual dividend payments for 11 years, the investor decides to sell it. What would the sale price need to be to get an ROI of 4% per year compounded semi-an..
Describe the four basic types of market structures. Although there are many different examples of economies in the world, all of them demonstrate one or more of the four basic types of market structure. For this assignment, in your own words, Identif..
Look at the shape of the curve across the years. In some years, it steepened, and in others, it flattened. What specific Fed actions or market events caused the curve to flatten so dramatically from January 2013 to January 2014? What factors caused t..
You open a bank account, making a deposit of $500 now and deposits of $1,000 every other year. What is the total balance at the end of 10 years from now if your deposits earn 4% interest compounded annually?
Suppose that there's only one type of medical care ( office visits ) and that each visit costs $20. Consider now an insurance policy with a $100 deductible that pays for 80 percent of the consumer's medical costs after that. What is the optimal quant..
Throughout the company’s franchises, the probability is 0.60 that a meal lwill be served with in 45 seconds. What is the expected number of coupons a counter employee will receive when serving the regional manager?
List four different sources of externalities associated with education service that make it likely that an inefficiently small amount of the service would be provided in competitive equilibrium without gov intervention. Explain why each source you li..
Explain Block's rationale of why employment is so important. Explain briefly Reisman's explanation of how socialism is the system for the exploitation of labor. Do you agree or disagree with this and why?
Prepare a 10- to 12-slide PowerPoint® presentation with Speaker Notes.
Explain how are poor infrastructure, lack of financial institutions and a sound money supply, low saving rate poor capital base.
Defend your use of either monetary policy or fiscal policy to do this.
Represent the following game in the extensive form. There are three players, numbered 1, 2, and 3. At the beginning of the game, players 1 and 2 simultaneously make decisions, each choosing between “X” and “Y.” If they both choose “X,” then the game ..
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