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Husband and wife exchange wedding rings during their marriage ceremony. The husband has bigger ?ngers and his ring contains almost twice as much gold as the wife's. I.e., the monetary values of these rings are different. Does this marriage ceremony make the husband's ring an exchange-value for the wife's ring although on the market it would not be possible to exchange the wife's ring for the husband's ring?
mrs. smith operates a business in a competitive market. the current market price is 7.50. at her profit-maximizing
What are the mean earnings of males and females in this sample? Does the regression result support the claim in the news?
Estimate the b coefficints of the non-linear regression and do a statistical analysis of the coefficients and what is the implication of the non-liniear regerssion to MPC?
A hurricane in South Carolina damages the cotton crop.
desired consumption for an economy is given by the equation cd 1000 .6y - 4000r. government purchases are given by g
What are the necessary conditions for positive equilibrium prices and quantities? (b) What is the economic interpretation of the parameter "f"? (c) What will be effect (increase or decrease) of an increase in exogenous income on P*, the equilibrium p..
Plot graphically the demand and MR curves for each market, and also show GGC's combined marginal revenue curve (?MR) and its MC curve. Show graphically the quantities that should be produced and sold, and the prices that should be charged, in each..
First present a brief definition of macroeconomics and also briefly explain how it differs from microeconomics. Next, define the concept of an economic model and also differentiate between an exogenous variable as opposed to an endogenous variable in..
part -11. write down the households budget constraints for period 1 and 2 and identify the current account.2. derive
If a country is currently producing 11 units of health care and 16 units of education. what is the opportunity cost of producing 5 more units of education?
by 2012 actions by the federal reserve and other central banks had driven short-term interest rates close to zero. one
Suppose the movie theater cannot price-discriminate and needs to charge both students and professors the same price per ticket. If the movie theater charges $5, who will buy tickets and what will the movie theater’s profit be? How large is consumer s..
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