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If a monopolist sells 4 units of output for $10 each and 5 units of output for $7 each,what is the marginal revenue associated with the 11th unit?
How would students respond to government limits on student loan interest rates? How would private banks respond? Why do you think these rate caps have not been implemented?
The year 1998 saw an unprecedented number of mega-mergers in the banking industry: NationsBank with BankAmerica, Bank One with First Chicago NBD, and Citicorp with Travelers Group, to name the three largest mergers.
the bretton woods system and institutions setup after world war iinbspthe u.s. dollar as a reserve currencymost of the
Explain how do the types of economics systems capitalism , socialism, and communism fall under : market , tradition, and command.
3) Which of the following is a disadvantage of the corporate form of business organization?
Suppose that the federal government’s annual budget deficit is $250 billion and that the Fed’s holdings of government securities increase by $10 billion over the year. How much of the deficit was monetized?
Briefly explain in words the sequence of changes that occur as the two economies move from no trade to free trade.
You are a manager of Kleenex and you compete directly with Puffs selling facial tissues in America. Consumers find the two products to be indistinguishable. The inverse market demand for facial tissues is P = 3-Q (in dollars) in America.
Illustrate what was the effect of these rate reductions on revenue flow into the federal treasury. What impact upon our economy from these individual tax rate reductions.
How many more quarters of below-market performance does Freddy need to ob- serve to be sure of Helgaís type?
Consider the following utility function: U(X,Y) = max(X, 3Y) (a) draw the indifferent curve for this utility function. (b) find the Marshalian funtions for X and Y and the corresponding indirect utility function.
If college education generates a positive externality, show graphically the social loss associated with the private market outcome of college education. Are there any interventions that would be useful to address the externality
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