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In a population of 100 four o'clock plants, there are 50 red-flowered plants with genotype RR, 30 pink-flowered plants with genotype RW,and 20 white-flowered plants with genotype WW. Match the correct frequencies for the following alleles and genotypes.
a. RR
b. RW
c. WW
d. R
e. W
Derive the new demand for the public good on the part of the whole economy and compute the new optimal level of supply, given that the MC remains unchanged.
Assume that a regulator assigns property rights on the externality, i.e. right to make noise or to enjoy an environment free of noise. Show that by agreeing on the airport traffic and on compensations, the two firms reaches the efficient outcome (..
Using the Lagrangian Multiplier method, solve the consumer's utility maximization problem to derive the consumer's demand curves for both food and clothing as a function of prices and income. Is clothing a normal good.
Suppose a government began the year with a debt load of $500, an interest rate of 5% and ran a deficit of $50.At the end of its second year to maintain the same debt load of $500.
You should estimate some interesting economic parameters and test hypotheses about them. Your report should focus on the econometrics that you do; it does not matter whether your results are "good" or "bad."
The company you work for has a high speed 5-axis milling machine which was purchased 5 years ago for $200,000 and has a 10 year life. This machine is currently idle and can be used to make a product designed by a research institute
Find the equilibrium price and quantity
Discuss why the use of water-reducing and pozzolanic admixtures is essential for producing ultra-high-strength concrete.
A financial crisis in Vietnam has reduced the income available to Vietnamese consumers.
Distinguish between the Federal funds rate and the prime interest rate. Why is one higher than the other? Why do changes in the two rates closely track one another?
BMW sells 5,000 vehicles in the US. The export price is €40,000. The exchange rate is €1= $1.25. US price elasticity of demand for the German import, in terms of the $ price, is-2. The cost of each vehicle is €30,000.
Show how the following two equation structural system for yt and zt can be transformed into an equivalent reduced form VAR representation. Explain what is meant by predicted causality and compare the tests suggested by Granger and Sims
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