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Q1. If the inverse demand function toaster is P=60-Q, what is the consumer surplus if price is 30?
Q2. Statistically, teenage drivers are more likely to have an automobile accident than adult drivers. As a result, insurance companies charge higher insurance premiums for teenage drivers. Suppose one insurance company decided to charge teenagers and adults the same premium based in the average risk of an accident among both groups. Using your knowledge of the problem associated with asymmetric information; explain whether you think this insurance company will be profitable.
Bob as well as Nancy live in a new housing development as well as they would like to have fire hydrants installed to assist the fire department in case of a fire.
England can produce 50 units of wine if it produces no cloth, and 100 units of cloth if it produces no wine. Using this information, we can conclude that.
Elucidate in which country is an expansionary monetary policy likely to have a larger effect on aggregate output. Explain your answer using aggregate supply and aggregate demand curves.
How is culture of India reflected in idea of sacred cow. Illustrate what influence does this have on arts of India.
You sign a security agreement that describes the collateral. The bank does not file a financing statement. Has the banks security interest attached? If so, when?
q. now that you have learned some of the basic principles of organization pause and think of where you have already
Illustrate what is shop's sales mix Illustrate what is shop's break-even sales volume in dollars. Explain how many bicycles of each type must firm sell to earn a target net income of $50,000.
Illustrate what implications would increasing worker protections have upon the ability of American companies to compete globally.
Explain how much would the combined production of pineapples increase for the two islands due to trade. How much would the combined production of pearls increase.
Illustrate what is the maximum amount by which funds provide can be increased as a result of bank A's new loan
If operators receive $25 an hour, how many operators should the agency hire. Illustrate what is the most the agency would be willing to pay the first operator.
Illustrate how increase in human capital affects production function. Blue line (circle symbols) in graph below shows production function.
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