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Discuss what a broadband connection is, how it differs from a dial-up connection, and review the types of broadband connections.
Show the changes in the demand for tourism as income of a tourist grows when tourism is perceived to be, (a)normal good, (b)superior good, and(c) inferior good. Analyse the demand for tourism overtime using intertemporal analysis.
Suppose Spain produces only cars and digital cameras. The resources that are used in the production of these two goods are specialized—that is, some resources are more suitable for producing cars than digital cameras, whereas others are more suitable..
Consider the method of calculating the present value of a college education, shown in the spreadsheet in the spreadsheet linked to in the Course Content slides. How would you change the calculation to make it more realistic, or more applicable to you..
Please discuss how personal values are formed? Share with the class some of the influences that shaped your personal values.
Simply speaking increasing inventory turnover is an important goal for retail manager. Illustrate what are the consequences of turnover that's too slow.
plot the total, average, and marginal functions for both revenue and cost. [Note: Use a two-part graph similar to Figure 2.1 that places the total function in the upper part and the average and marginal functions in the lower half. What is true of th..
The demand for strawberry in Baltimore is Q=10-0.5Pd and the supply for strawberry is Q=0.5Ps in Pittsburg. Derive the demand for transportation. Find the equilibrium price (for both demand and supply) and quantity, if T=4. What is the price elastici..
Suppose Ann’s utility function is defined as: u(c) = ln(c) . For her birthday, Ann’s father offers her the choice of either a lottery ticket that is worth $1 with probability .99 and worth $100,000 with probability .01 or $500 cash. What is the expec..
q.the long-run cost function for leanns telecommunication firm is cq 0.03q2. a local telecommunication tax of 0.01 has
Was there a production gap when Kennedy assumed the presidency in January 1961? How large was it? Assume a GNP growth rate of 3.3% starting in 1955 and project forward using Excel document. What were the critical economic issues (and assumptions) of ..
Ceteris paribus, which of the following will lead to a rise in the current interest rate on a Bond A?
An important law in economics is the “Law of Diminishing Marginal Utility”. Discuss what this law is and provide an example of diminishing marginal utility you’ve encountered recently.
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