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A person who eats a first chocolate from a box of candies, and then a second, and a third, and so on (and nothing else), in an afternoon experiences a:
A. continuous rise in marginal utility
B. rise in total utility while marginal utility rises and then falls
C. simultaneous rise and fall in both total and marginal utility
D. continuous fall in total utility
E. rise in marginal utility while total utility declines
Compute the equilibrium level of income, the size of the multiplier, and the change in equilibrium income for a decrease in autonomous investment by $75 million.
Kendra Enterprises has never paid a dividend. Free cash flow is projected to be $80,000 and $100.000 for the next 2 years, respectively; after the second year, FCF is expected to grow at a constant rate of 8%. The company’s weighted average cost of c..
Compute the current yield, the coupon rate, and the yield to maturity if the bond is puchased for $940.
You just purchase a coupon bond with a face value of $1000, 6% coupons, and three years remaining to maturity. Assume that all markets are 7% A) what is the duration of this bond B) Compute the exact price change(using the present value formula) if i..
Suppose that the demand curve for wheat is Q = 100 − 10p and the supply curve is Q = 10p. The government imposes a price ceiling of p = 3. Describe how the equilibrium changes. What effect does this price ceiling have on consumer surplus, producer su..
Xaquane and Yullare are obscure but talented 18th century painters. The world’s stock of Xaquanes is 100 and the world’s stock of Yullares is 70. The demand for each painter’s work depends on its own price and the price of the other painter’s work. W..
Why did the Luisiana Court of Appeals concslude that the courts of that state did not have the right to exercise personal jurisdiction in "Ronald A. Swoboda v. Hero Decks, A Division of Parody Productions, LLC" case?
Consider the second stage of competition between Samsung, HTC and Sony. Once Apply has chosen some output level q1, Samsung, HTC and Sony will compete simultaneoulsy over their product quantities. Write down the best response functions for Samsung, H..
What is the total market demand for poly-glue at the price established by Alchemy. How much of the total demand will the follower firms supply.
q.price comparison services on the internet as well as shop bots are a popular way for retailers to advertise their
Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burns Power Company has a monopoly for providing electricity in Springfield. His costs of upkeep are so high that he is persistently losing mo..
Illustrate why does inflation affect the increase in Social Security and other benefits. Is this effect a cost of inflation, as the article suggests.
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