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Suppose the services of a road are subject to congestion after 50,000 vehicles per hour enter the road. Assume that it is feasible to price road services on an hourly basis. Create a graph similar to the one in Figure 4.2 of the textbook to show how the services of the road, in an effort to achieve efficiency, should be priced per hour when fewer than and more than 50,000 vehicles per hour are expected. Explain your answer. Create a graph on a spreadsheet program (such as MS Excel)
You are the manager of a firm which produces also markets generic type of soft drink in a competitive market.
Elucidate in general what factors would affect the elasticity of demand for frozen grape juice.
Does the estimated equation provide evidence in support of the CAPM for stock
Elucidate how that influences the marginal benefits and marginal costs associated with the decision to purchase a house.
Between two production technologies firm can choose a new product line. If it installs expertise 1, it's annually costs.
John Paisley is planning to buy a house for $100,000 by borrowing money at the rate of 9%.
If the market is made up of 100 individuals with demand curves identical to Mr. Smith's, Illustrate what will be the point also arc elasticity for the conditions specified in parts a also b
What will happen to Jill's consumption in first period when interest rate increases. Is Jill better off or worse off than before interest rate increase.
One has yearly income $10000, the other has yearly income $90000. Illustrate what is the Gini coefficient for this society.
Discouraged employees are not considered unemployed. People who work part time but want to be working full time are considered employed.
Provide reasons to explain what government would have to do to keep the unemployment rate at 3 percent."
Supply of Loanable Funds, e.g., your disposable and expected future income. Discuss and predict how your decisions and transactions in the loanable funds market should change.
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