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Create a political cartoon depicting the fate and outcome of the Articles of Confederation.
To many upscale homeowners, no other flooring offers the warmth, beauty, and value of wood. New technology in stains and finishes call for regular cleaning that takes little more than sweeping and/or vacuuming, with occasional use of a professional w..
Select two subject and explain how they fit into economics- what do the subject have in common? How does it impact how you think about economics? What can you learn from it? and how can you apply it?
What is the intuition behind the Aggregate Demand (AD curve) being downward sloping in Macroeconomics?
Find the firm's fixed cost and variable cost, average total cost, and average variable cost in the short-run. Find the firm's short-run supply curve function. If P = 15 is given, what is the optimal output level for this firm to maximize its profit?
Discuss the instruments available to address global climate policy and the challenges facing greenhouse gas emissions reduction.
Consider a market with two goods, x and z that has the following utility function. What is the marginal rate of substitution. Calculate the decomposition bundle associated with price change. Calculate the income effect, substitution effect and total ..
A monopolist has a constant marginal and average cost of $10 and faces a demand curve of QD = 1000 - 10P. Marginal revenue is given by MR = 100 - 1/5Q.
You make monthly deposits of $300 into an account that pays 3% per year. How much larger would the balance be after 4 years if interest is compounded continuously compared to monthly? Express your answer in $ to the nearest $0.10.
The economies-of-scale curve is a long-run average cost curve, because
For each of the following production functions, determine the returns to scale. Check to see whether diminishing returns for labor and capital exist for each function (Q = quantity, L = labor, K = capital) a. Q = 3L + 2K b. Q = (2L + 2K)1/2 c. Q = 3L..
How many copies of the software should I attempt to sell? At what price should I sell it? How much profit would I make?
Let G be the number of television broadcasts each day. Consider 3 individuals with preferences UA =G/4 UB =2–G^(3/4) UC =G–(G^2)/2 a) Show that the 3 consumers have single-peaked preferences
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