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Which of the following is correct in Rizal's first day of school in Biñan, Laguna?
I. He experienced being scolded by his Professor because he was asked if he knew Latin and Spanish and he answered a little.
II. The Professors wanted that their students should study their lesson and be ready before coming to school.
III. Professors were allowed to scold their students so that they would have discipline.
IV. The sadistic method of learning was beneficial since he was encouraged to study harder and perform above what was expected.
Maureen has the same income and faces the same prices as Sam and Bruce, but Maureen views 1 cup of orange juice and 1 cup of apple juice as perfect complements. Find Maureen’s optimal consumption bundle. How much additional income would Maureen need ..
Maria is a hostess at a local restaurant. When she earned $8 per hour, she worked 35 hours per week. When her wage increased to $10 per hour, she decided to work 40 hours. However, when her wage increased again to $12 per hour, she decided to cut bac..
Suppose that GDP is equal to 1000, national saving is equal to 200, the current account deficit is equal to 100, and the government budget deficit is equal to 50. Investment must equal...?
INCOME QUANTITY PURCHASED Automobiles Coffee Tea $45,000 4 8 5 $30,000 2 10 10 Refer to table above. What is the income elasticity of demand for coffee?
An investor has a project that would cost $60 million today and yield a payoff of $10 million in the end of year 1, $20 million in the end of year 2, $30 million in the end of year 3, and $30 million in the end of year 4. Should this investor underta..
People should control water, not corporations. Water is a common resource and we all have an equal right to this precious resource and a responsibility to protect it. Pre-Paid Water Meters: Why they violate human right to water.
Price outcomes of the 4 oligopoly models (Sweezy, Cournot, Stackelberg, and Bertrand) differ substantially. Which models produces the lowest and highest total profits (all firms combined)? What are the predicted prices? Provide aviation industry exa..
What are some of the realizations about loss and the idea of safety that are prevalent today? Use terms associated with aviation safety and program management.
You are to review the problem-solving strategies below and create your own strategy (you can also refer to Chapter 4 in your textbook for additional information
Alvin’s demand for a product is QdA=10-P and Betty’s demand is QdB=5-P. Calculate Alvin and Betty’s marginal and total willingness to pay for 4 units of consumption of this product. Explain it graphically. Derive the aggregate demand function. What i..
Mittuch Corp. is evaluating a project with the following cash flows. The company uses a discount rate of 12 percent and a reinvestment rate of 9 percent.
Illustrate what will be the level of output and price in the long run if this industry were perfectly competitive.
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