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A consumer has preferences represented by the utility function: U(x1, x2) = 10(x12 + 2x1x2 + x22) - 50. For this consumer, goods 1 and 2 are perfect substitutes. true or false? explain your answer
suppose the mpc is 0.9. there are no crowding out or investment accelerator effects. if the government increases its
What price should the firm charge if it wants to maximize its revenue?
question 1sizzling foods inc lsquos partial income statement from is shown below nbspnbspnbsp 2011revenuesrevenue
What is meant when a monopoly firm is described as a price maker? How is a price maker different from a price taker? Is a monopoly ever a price taker?
choose one of the following international organizationssap ag tata consultancy company bp global electricidad de
Explain the concept of natural capital. Why is the World Bank concerned about protecting the natural capital of developing countries? How would you characterize the investment climate in India?
at a recent meeting the president and the ceo of production inc. got into a heated argument about whether or not to
The increase in the share of profits in national income has brought about demands for an increase in corporate tax. Consider a closed economy where the share of profits in national income is α, and where d of the after-tax profits are distributed ..
Using the criteria of efficiency, define the ways a market may fail and explain how government regulation can offset the problems caused by market failure.
Three months ago you purchased, at par, a $100,000 bond with a stated interest rate of 5%. Today, the Federal Reserve announced that it is reducing the discount rate by 0.5%.
1. consumer surplus is nota. the value of a good minus the price paid for it summed over the quantity bought.b. greater
identify the 10 largest electoral vote states. construct a table that classifies these states by geographic region. use
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