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Presume you can go to the gym for up to six hours in a day in finely divisible units and you paid a $50 non-refundable registration fee when you joined the gym last year. There is also a daily $1 fee which should be paid to enter the gym on any given day. How much must you value going to the gym in order to go workout on any given day? Is the $50 registration fee part of that calculation? Why or why not?
consider the solow model with population growth as presented in the text. assume that population can grow at two
John Adams wrote in 1814, "Democracy never lasts long. It soon wastes, exhausts and murders itself. There never was a democracy yet that did not commit suicide."
three firms have marginal costs of pollution abatement as described below. without regulation each firm would pollute 3
Describe the pricing strategies in monopolistic competition, oligopoly, and monopoly market models. Explain which market structures are price makers and price takers. What is the difference in the demand curves and why.
Vera is an impoverished graduate student who has only $100 a month to spend on fodd. She has read in a government publication that she can assure an adequate diet by eating only peanut butter and carrots in the fixed ratio
Given the asymmetric information situation a prospective employer faces in hiring from this labor pool, what is the average salary that they would pay without a signal?
Amin consumes two goods: X and Y. M is his monetary income, while Px & Py represent the prices of goods X and Y, respectively. Assume that X is an inferior good while Y is a normal good.consumption possibilities, for the quantities of Y consumed
assume that the potato chip industry in the northwest in 2007 was competitively structured and in long-run competitive
assume that there are two goods in the economy x and y. preferences of consumera are represented by the utility
collect data on sales from any retail store of choosing for the last 10 months or 10 years. Predict the sale for the 11th month or 11th yr using a 3-month moving average and a 4-month moving average. Calculate the MAD for the 3-month or 3yr and 4m..
The Aggregate Demand for goods and services in an economy must at every moment equal the value of Real Gross Domestic Product because both are defined to be the sum of (C+I+G+X-IM).
Baby boomers can save up to $22,000 per year in a 401k account. If Eileen's starting balance at age 50 is $200,000 and she saves the full amount available to her,
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