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Question: provide an example of typical consumers of energy in real life. Discuss their motives of energy consumption based on economic behavioural models.
In perfect competition if firms produce where P=MC they ensure ________ because the social benefits of production as measured by the price that people are willing to pay, are in balance with the ________ to society of that production.
Are we more interested in learning about business etiquette in England or Japan than in Kenya or Egypt?
Assume there is a 50% chance of the savings account losing half your money. Elucidate how much does the person save now?
Consider the game given above. (a) How many histories are in the game? (b) How many sub games are there? (c) How many strategies does player 1 have? Calculate this number. (d) Solve for the sub game perfect equilibrium using backward induction. Indic..
The importance of business communication in the economic development of Bangladesh
You are the manager in charge of global operations at BankGlobal-a large commercial bank that operates in a number of countries around the world. You must decide whether or not to launch a new advertising campaign in the U.S. market. Your goal is to ..
Suppose a consumer’s utility function is given by U(X,Y) = X*Y. Also, the consumer has $720 to spend, and the price of X, PX = 9, and the price of Y, PY = 9. How much total utility does the consumer receive? Now suppose PX decreases to 4. What is the..
The city of Sundown is considering a plan to build a convention centre to revitalize the downtown area. The project requires hiring workers in the construction union. Because of unionization, the workers’ wage rate is above the value that would be de..
Determine the number of Employed adults: __million.(rounded to one decimal place)
What is Pakistan's price index if imports from 1980-2019? Time series data is required.
1. what does gross domestic product gdp tell us? how did gdp change from 2008? what caused these changes? what is real
We can see that aid to Africa has increased significantly over the last 40 years and that incomes in Africa have stagnated. Explain why these two facts do not constitute proof that aid is not effective in increasing incomes in Africa.
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