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Suppose you have won a free ticket to see s Bruce Springsteen concert. The tickets have no resale value. Also suppose that U 2 has a concert that same night . The U 2 concert represents your next best alternative activity to the Springsteen concert . Tickets to the U 2 concert cost 47!dollars and on any particular day you would be willing to pay up to 182 to see U2 . Assume that there are no additional costs of seeing either show. Based on the information presented here, the opportunity cost of seeing Bruce Springsteen is?
q. suppose that market demand for golf balls is described by q 90 - 3p where q is measured in kilos of balls. there
q1. explain how did mortgage-backed securities spread losses during the mortgage default crisis?q2. transactions and
What are episode-based payments (EBPs) and how do they differ from traditional FFS payments. What is the economic intent behind EBPs? Explain how EBPs relate to the idea of supply-side cost sharing?
The opportunity cost of money is
Current estimates show that of all deaths are due to cancer, 52% are due to tobacco use, 8% to diet and 40% to other causes.
Newmark & Co. Real Estate, Inc., (the broker) contacted 2615 East 17 Street Realty, LLC, (the landlord) to lease certain real property on behalf of a client (the tenant). As is common in real estate transactions, the broker is paid a commission. What..
Representative consumers have the utility function U(C,Ls) = log(C) + log(1- Ls). There is perfect competition in the markets (so price and wages are taken as given by firms and consumers) Write down the budget constraint of the representative consum..
q1. markets left alone always tend to equilibrate that is find their way back to the equilibrium point. what is
Relative to the no-regulation status quo, what is the efficiency gain that would result from this tax. Delineate and refer to relevant sections of the diagram. With reference to the diagram, explain why this tax fails to maximize the potential effici..
Illustrate what is the maximum amount your firm should be willing to spend on lobbying efforts to prevent the cost from being regulated at the socially optimal level.
What is the speaker in "The Weary Blues" attempting to convey in his description of the scene?
Rational expectations imply that households and firms are forward looking. What does that say about the importance of a short-run downturn in demand for firm decisions? Explain why firms might hold excess labor and capital during a recession. Explain..
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