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Resource price differentials that do not trigger the reallocation of resources are known as
a. temporary differentials
b. market differentials
c. conditional differentials
d. permanent differentials
e. sustainable differentials
What should the jackpot be before the expected payoff is worth your $1.00 bet. Assume that the state takes 60% of the jackpot in taxes, that no one else is a winner, and that you are risk -neutral.
A firm has a monopoly on a new type of gaming console. The market demand is given by P=175.3-0.003*Q and thus marginal revenue is MR=175.3-0.006*Q. The monopolist's marginal cost is MC=5.2+0.001*Q. Calculate the profit-maximizing production quantity.
Discuss the major causes of global warming, the expected effects providing an indication of which effects are likely to be the most important economically, and identify the greatest uncertainties surrounding global warming.
1.name 5 stylized facts about the business cycle.2. rank order these three ideas from most optimistic about how a
One advantage of dividend reinvestment plans is that they allow shareholders to avoid paying taxes on the dividends that they choose to reinvest.
What if jumbo bags now cost $1? For each case draw a budget line that shows her best choice by adding indifference curves. Assume olivia cares only about the of peanuts and not the bag size.
Why do you think the specific industries you selected are highly concentrated?
Suppose that Congress passes a constitutional amendment requiring the U.S. government to maintain a balanced budget at all times. Thus, if the government wishes to change government spending, it must always change taxes by the same amount, that is "G..
Which of the following is a valid reason as to why prices will not always adjust to changes in spending?
q. based on market research a recording company obtains the following information about the demand and production costs
q1. an electrical utility is experiencing a sharp power demand which continues to grow at a high rate in a certain
An investor is considering the construction of a new marina on the Detroit river at a cost of $68m. M&O costs will average $80,000 per year for the first five years, and rise to $100,000 per year thereafter. A major overhaul costing $12m will be requ..
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