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A firm has monopoly power on the production of nuts (good 1) and bolts (good 2). Nuts and bolts are perfect complements. Thus, demand depends only on the total price:
Di(p1,p2)= D(p1+p2) for all i. Derive the first-order condition and the Lerner index.
A "green" (environmentally friendly) office building costs as average of $3.50 per square foot each year to heat and cool. What is the total annual heating and cooling cost of an office building that has 10,000 square meters of space?
Suppose the money demand is ?at when the interest rate i is equal to zero and downward-sloping as usual when the interest rate i is greater than zero. Draw the IS, LM and AD curves. Suppose that the economy starts from a short-run equilibrium where o..
Give examples of the following kinds of functions:
Consider a firm for which production depends on two normal inputs, labor and capital, that are not perfect complements. Initially the firm faces market prices of w = 10 and r = 8, for labor and capital. In which direction will the substitution effect..
Originality -does this paper make a contribution to body of scientific literature -does it tell us sth didnt know before -learn sth?
What factors can contribute to unemployment? How can technology lead to greater unemployment, or is it a benefit to the economy? Can inflation cause or effect unemployment? How?
In reviewing the New Testament Acts and Epistles, what are the ways the Early Church practiced the elements of community? (Include references.)
Which one is likely to get a lower interest rate? Explain in terms of the risk-return principle.
What does this mean for innovation and entrepreneurship corporate management?
Explain how a combination of fiscal and monetary policies could change the composition of GDP towards consumption and away from investment without changing the level of aggregate demand.
The type of planning conducted on a long-range basis by top managers is usually called
In your own words, explain what corporate social responsibility (CSR) is. Name two examples of social responsible companies you know and explain why you consider them so.
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