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Suppose that a person always consumes 3 scoops of ice cream with 1 ice cream cone..
a. Show such preferences in an indifference curve mapping with ice cream cones on the x-axis.
b. If the price of ice cream is PI per scoop and the price of cones is PC per cup and the consumer has m dollars to spend on ice cream and cones, how much will she want to purchase of each good? Show this bundle on your indifference curve mapping.
Consider the problem described on Twitter of the babbling brook turned into a raging torrent by upstream development. Suppose there are 30 affected downstream homeowners with an aggregate Marginal Damage curve measured in thousands of dollars, as a f..
q. a charitable university benefactor has decided to donate a large amount of money for student scholarships. the money
What interests or surprises you about the summary table? How does that rate compare with the rate in the previous month or quarter? Discuss the differences in unemployment rates by gender, age, education, etc.
Find the value of X such that the loan is fully repaid with the last payment. b) What is the dollar amount of each of the five payments ? c) Find the value of all the intrest paid to ken ?
How much deadweight loss does Great Reception causes when it restricts output and charges a price above marginal cost.
Elucidate how Elucidate how an increase in the marketplace demand elasticity affects the elasticity of the residual demand curve.
Explicate the difference between balanced growth strategy and unbalanced growth strategy.
explain how governments can contribute, or discourage long run growth through their policies and institutions.
they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
What is the effect on East Asia's Willingness to trade? b. Assuming that each region is large enough to influence international prices, how do East Asia's good-growing seasons in food affect the equilibrium international price ratio?
If Frank's salary as a sales manager was $70,000 instead of $100,000 would your answer be different.
what is the short run equilibrium level of output in this economy.
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