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Dakota spends $50 on Lego sets and Barbies. The Lego sets cost $5 each and the Barbies cost $4 each. Suppose that her marginal utility from the last Lego set is 20 utils while her marginal utility from the last Barbie is 20 utils as well. According to the Principle of Rational Choice, should Dakota be buying more Barbies or more Lego sets? Show your work and explain.
You must create a table in which you can make the relevant comparisons that you understand to determine how many operators are needed.
What is the likely outcome of this game? What would be the best outcome? Explain. There used to be more common fields than there are today. Why?
Explain how international trade increases economic efficiency and how trade barriers and tariffs inhibit efficiency.
In a high school, Mark's class took the admission test for business school and averaged 83.4. For all the 10 classes taking the same test, their scores
Assume a model where the currency ratio is 0.4 (c = 0.4), the excess reserve ratio is 0.2 (e = 0.2), and the required reserve ratio is 0.1(r = 0.1). What is the money multiplier? What change in the money supply results from an open market sale of $25..
Describe the equilibrium price and quantity, producer surplus and consumer surplus.
a. If the required reserve ratio is 0.15, find the bank's required reserves and its excess reserves.
You run a chain of movie theaters, so you commission a marketing study that categorizes your potential customers into 10 equal-sized groups according to what they’re willing to pay for a movie ($10, $9, $8, $7, $6, $5, $4, $3, $2, $1).
Find the following: Gross domestic product. The current account balance. Net exports. Consumption.
The demand for a new book is given by the function Q = 5,000 - 100p. If the cost of having the book edited and typeset is $20,000, if the marginal cost of printing an extra copy is $4, and if he has no other costs, then he would maximize his profits ..
Suppose that the government is considering signing a free trade agreement that would create an annual benefit of $50 each for 500,000 persons who would pay less for consumer products but which would create annual harms of $80,000 each for 150 differe..
Question 1: What is DCF valuation? Question 2: What is it used for? Question 3: How to use it to make comparison internally and externally?
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