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Charlie's utility function is U(x, y) = xy^2. His marginal rate of substitution between x and y does not change if the amount of both goods doubles. I am trying to understand why this statement is true.
A hot dog vendor faces a daily demand curve of Q=1800-4p, where P is the price of a hot dog and Q is the number of hot dogs purchased each day. If the vendor has been selling 300 hot dogs each day, how much revenue has he been collecting? What is the..
An option holder is not entitled to receive dividends unless he or she exercises their option before the stock goes ex dividend.
Does that face help explain why such governments would rather subsidize an industry’s export sales than its sales in the domestic market?
Identify the constituencies these IBM task forces represent.
Analyze the economics of New Orleans in light of the above parameters and develop your own Cost-Benefit Analysis (CBA) for rebuilding
Canada currently is our largest export partner and third largest source of imports. In 2012, U.S. export of goods to Canada totaled $159 billion and U.S. imports from Canada totaled $176.9 billion.
What did the Federal Reserve do to combat the nancial crisis that accompanied the Great Recession of 2007-2009? What problems is the Federal Reserve currently having to deal with as a result of these activities?
Calculate national income. if there were 80 million people in this country, what would the GDP per-capita be? if all prices were to double overnight, what would happen to the values of real and nominal GDP? nominal____ real gdp____
How could such a policy create challenges for trading partner relationships? What are the trade war possibilities? What would you propose if you were in Congress
Ecostar needs to determine how much to charge for the new greencar model. Developing, producing, and marketing the greenCar costs Ecostar $100,000,000 per year for three years before it goes to market.
A researcher is using data for a sample of 274 male employees to investigate the relationship between hourly wage rates Yi (measured in dollars per hour) and firm tenure Xi (measured in years). Preliminary analysis of the sample data produces the fol..
How does the concept of sentience impact moral reasoning about the rights of the animals? In response define sentience and give at least three examples of how this compact impacts ethical decisions about animals.
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