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Randy ratpack hates studying both eco and history. the more time he spends studying either subject the less happy he is. But Randy has strictly convex preferences. Illustrate the graph and is the slope of the indifference curve positive or negative?
Assumptions make the nation easier to understand because they simplify reality and focus our attention.
U space equals space ln space c space plus space left parenthesis 0.25 right parenthesis space ln space c apostrophe and the budget constraint: What is the optimal value of current consumption c*?
q1. suppose that the government imposed a 1 tax each time someone used the atm. how would this effect output and the
What is predatory pricing? What federal acts make it illegal? How are consumers hurt by predatory pricing you must go into great detail? Give two potential product examples of predatory pricing. Also describe a situation a marketer might face that mi..
Why is exchange rare important to MNCs? How MNCs can cope with exchange rate volatility as a primary economic risk related to international business.
What performance % would you use to trigger executive bonuses for that year.
It is possible for a company with positive retained earnings to be unable to pay cash dividend since they may not have the cash supply.
Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product. With a PcPt per unit tariff, the quantities sold by foreign and domestic producers respectively will be
This might be interpreted as an upward shift in the consumption function. Explain how does this shift affect investment and the interest rate.
“Once we recognize that product differentiation is the basis for much international trade, there are likely to be more winners and fewer losers in a country when the country shifts from no trade to free trade.” There may be several reasons why this s..
Suppose the demand curve for a public park is Q = 80 –2p, where Q is the number of visitor-days and p is the entry price. The marginal cost of operating the park is MC = 10. What is the efficient level of entrance fee and the number of visitors at th..
Assume that a firm has the following short-run production function: q = 10L^0.5 and that the market wage rate is 4. Derive the equations for marginal and average product of labor. What is the equation for the firm’s short-run supply curve?
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