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Assume that a consumer derives more utility by spending an additional dollar on Good Arather than on Good B. We can assume that:
1. The price of Good A is less than the price of Good B.
2. The marginal utility per dollar spent on Good A is equal to the marginal utility per dollar spent on Good B.
3. The marginal utility per dollar spent on Good A is greater than the marginal utility per dollar spent on Good B.
4. The marginal utility per dollar spent on Good A is less than the marginal utility per dollar spent on Good B.
What describes prices or quantity not at equilibrium; when quantity supplied is not equal to quantity demanded in a market?
Her salary rate is $8 every hour and she has 15 hours per day to allocate between labor and leisure.
Suppose that the return on domestic bonds held by foreigners in country i are subsidized at the rate s and that returns on domestic bonds held by residents of country j are taxed at the rate. Write down the interest parity condition
A new machine used for filling cans of liquid hairspray can be set for any average fill. If the amount of fill is distributed with a variance of 0.0025 oz.^2, what setting will cause 93% of the cans to contain 12 oz. or less of liquid
Latisha is writing an essay on the subject of increasing the minimum wage, and wants to ensure that her essay will engage or entice readers. Which method of organization will most likely support her aim?
In output markets, the elasticity of supply tends to be 'positive'.Is it because supply curve is positive? then the elasticity of demandtends to be negative by same logic?
suppose the following are national accounting data for a given year for malaysia hypothetical
Using the information you gathered, discuss whether you believe the country is on a good course of economic growth and whether the macroeconomic policies are helping achieve this growth.
Is Guatemala debt makes if the government runs a balanced budget in both a and b.
Contrast the market demand/supply curves and the individual firm's labor supply/demand curve in a perfectly competitive labor market. How does the law of diminishing marginal returns affect a firm's demand for labor
The Conference Board publishes an index of Consumer Confidence that is good measure of the non price determinant of demand, customer expectations.
What is a systems development life cycle and What are some of the predictive models associated with the systems development life cycle? APA Format with 2 minimum references.
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