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Ralph wants to buy some milk and a box of cereal. If Ralph buys 4 gallons of milk at $3.00 per gallon, the box of cereal costs $2.00. If he buys 5 gallons of milk, the box of cereal is free. For Ralph, the marginal cost of buying a fifth gallon of milk is?
Texas instrument once announced a price for random-access memories that wouldn't be available until two tears after the announcement few days later; Bowmar announced that it would produce this product and sell it at a lower price than Texas instru..
The Fed should simply increase the money supply at the same ratethat the full employment economy grows, and the government shoulddesist from any stabilizing urges." What school of thought would make this suggestion, and how do economists of that scho..
What do you think it should have been a good idea for these airlines to cut their frequent-flyer programs in order to earn higher profits.
suppose a person defects from cuba (a country that generally disregards the use of markets) to the united states and asks to see a market in action. when would you take her? did you give her a complete showing of this market?
Suppose that you will receive $2000 a year in years 1 thru 5, $3000 a year in years 6 thru 8, and $4000 in year 9 with all cash flows to be received at the end of a year.
What are financial intermediaries? How do these intermediaries function in the economy? What is a federal government budget deficit? What is the national debt? How does a budget deficit affect the economy?
Find out the marginal utility for each chicken piece. What is the meaning of the marginal utility of the 11th piece.
Local government in a west Coast college town is concerned about recent explosion in apartment rental rates for students and other low income renters.
Illustrate what is the cost of the same basket of goods and services in 2005.
A corporation among $7 million in yearly taxable income is considering two alternatives
It has been proposed that toll collection on the Massachusetts Turnpike, a key commuter route into Boston from the west, be discontinued. Proponents argue that tolls have long ago paid for the cost of building the road; now they just provide cash ..
Explain how did the Mexican peso crisis differ from the Russian ruble crisis. What was the role of the IMF in these two currency crises.
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