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Competition among cities for a sports franchise should lead to a socially optimal location decision, why?
Assume there is uncertainty about the costs of disposing of the waste: There is a fifty-fifty chance that they will be $10,000 or #30,000. Discuss how this uncertainty affects the cost-benefit calculation, if the government is risk neutral, that is ,..
Suppose Jeffrey’s utility depends on the amount of time spent watching You Tube videos (Y) and the amount of time playing video games (V), and his utility function is equal to. Set up the Lagrangian equation for this constrained maximization problem...
Select a news article dated within the previous two months, and analyzes the issue using the economic concepts and theory learned in this class. Develop a 3 page double-spaced paper that advocates a position on this issue.
An economy consists of 2 agents (A and B) and two goods (x, y) . Each agent has and utility function U(x,y)=x^3 y^2= A,B. Agent A has an intitial allocation of (10,50). Agent B has an initial allocation of (20,10). Show that the line that connects th..
?How has the value of the Euro changed, compared to other countries, over the past 10 years (since the Great Recession began)?
Now assume that the price of good x increases to 6. Find the new optimal consumption bundle and comment on it.
Use Fisher's model of consumption to analyze an increase in second-period income. Compare the case in which the consumer faces a binding borrowing constraint
For the four (4) commonly used capital budgeting techniques; from an economic perspective which is the only one that is consistent
The tax burden will fall most heavily on buyers of the good when the demand curve
Zara, a clothing manufacturer and retailer based in Spain, is unique for providing just-in-time low-cost fashion. The company designs new collections in only four or five weeks, quickly reacting to trends, such as what is stylish on a music video, in..
What communications strategies are important to uphold when communicating with professional network? Explain
Compare the automotive manufacturing industry today to the automotive manufacturing industry of the 1950's. Applying the economics of price and output, what is the difference between the industry of today and that of the 1950's. What type of mark..
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