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On the consumer side, why are prices advantageous over a system of distributed baskets where people can trade amongst themselves? After all, people in the priceless trading system can end up with baskets that make them happier than what they received. So what advantage do prices confer for consumers? (Hint: Pareto efficient should be included in this answer.)
when final sales are larger than gdpa. inventories did not changeb. a net increase in inventories took placec. a net
What would be the most appropriate entry method or methods, supporting your decision with the information collected from the commercial guide?
Which of the following $1,000 face value securities has the highest yield to maturity?
When Pauline Puffington died, she left her entire estate of $3 million to a trust for the care of her twelve dogs and fourteen cats. After the pets' deaths
A machine costs $50,000, and increases revenues by $18,000 per year. However, O&M costs increase by $4,000 per year. The machine lasts 6 years and your MARR is 7% annual rate compounded annually. What is the Present Worth (or Net Present Value) and s..
Suggest several reasons why health care spending is higher in the United States than in other countries? (Need answer and explanation in relation to healthcare
As a first step, run the simple linear regression of ge on ibm. Interpret the slope estimate. Are the returns positively or negatively correlated?
Discuss illustrate what will take place to the demand curve for economic text book in response to a reduction in student grants.
How large is the economy of Japan? Japanese GDP in 2010 was 480 trillion yen (U.S. GDP, again was $14.5 trillion). The exchange rate in 2010 was 87.8 yen per dollar. What is the ratio of Japanese GDP to U.S. GDP if we don't take into account the diff..
As an economy develops and becomes more integrated into the world economy how do its costs of production change and how well can they be managed both in the short-run and long-run?
What is the probability that the next car passing will be exceeding 51 miles per hour?
Explain in detail the concept of excess burden and explain the factors significant in the calculation of the excess burden. What is marginal excess burden and why is it important concept for policy evaluation?
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