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With some regularity, prisoners would receive care packages from the Red Cross that would include such items as jam, chocolate, sugar and cigarettes.
Risk premium is
The local school district wants to close down a neighborhood high school because its outdated heating and cooling systems make it too expensive to operate compared to the new high school being built nearby.
For a single consumer, show the demand curve for three illness, L1, L2, and L3, where the degree of illness increases as the subscript increases from 1 to 3. Need the demand curves be parallel? Could they ever possible cross?
Determine the loss, gain, or recapture of MACRS depreciation on the sale. The ADR is 12 years for this machine.
When a product has a relatively inelastic demand, a 10% rise in price would cause a decline in quantity demanded that is smaller in absolute value: for example, 8%. If the demand for a product were perfectly inelastic, a rise in price would have no e..
If salary and prices are completely flexible, then an unfavorable productivity shock would raise both the natural rate of unemployment and the actual unemployment rate.
What are some of the tools that countries use to restrict trade and why do countries impose them? Can you think of any real life examples? What is TPA? What's at stake with these aforementioned agreements? Do you think that trade restrictions will be..
A construction manager just starting in private practice needs a van to carry crew and equipment. She can lease a used van for $2,700 per year, paid at the beginning of each year, in which case maintenance is provide. Alternatively, she can buy a use..
Sam, after taking a $200 loan from the bank to finance an investment that pays $1000 50% of the time and $0 50% of the time at a 100% interest
Elucidate how does that fact that many goods are non traded affect the extent of possible gains from trade.
An indifference curve shows
In a Tragedy of the Commons scenario, the commons production function is F(X)= 1.6X - 0.2X^2. The rate of return outside the commons remains 0.1. Find the symmetric Nash Equilibrium when there are seven players. Is your solution tragic?
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