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Traci consumes two goods, lemonade and pretzels. Lemonade costs $2 per glass, and she consumes it to the point where the marginal utility she receives from her last glass of lemonade is 4. Pretzels cost $3 per bag. The relationship between the marginal utility Traci gets from eating a bag of pretzels and the number of bags she eats per month is as follows: Bags of pretzels 1 2 3 4 5 6 Marginal utility 30 20 12 6 2 0 If Traci is maximizing her utility, how many bags of potato chips does she buy each month? a. 3 b. 4 c. 5 d. 6
Discuss the differences between formal and informal reports, can you describe what value such elements as documentation, page margins, headings, etc. add to the report?
When moving up along the production function, the marginal product of capital will:
Compare and contrast the views of Easterly and Banerjee and Duflo on the relationship between governance and economic development. Which do you find most persuasive? Explain your answer.
What are some of the risk factors associated with sexual activity during adolescence and potential consequences? What are some of the community-based programs that provide services to address premarital sex in adolescence? In your opinion, are these ..
q. suppose people in our overlapping generations model have the opportunity either to hold at money with complete
What is currency crisis (or financial crisis)? What are the major stages of a financial bubble? Use one example (Mexican peso crisis, Asian financial crises, .Argentine financial crisis, or 2008 financial crisis) to illustrate these stages.
On July 27, 2015, the Shanghai Composite Index fell by more than 8%. To preserve asset value, the Chineese government halted trading in some companies and in short selling. How did these actions impact the efficiency of the Shanghai stockmarket? Were..
A refrigerator sold for $500. The store announced the refrigerator by charging 0.5% monthly interest on the unpaid balance. If the refrigerator is paid for with 30 equal end-of-month payments: What will be the size of the monthly payments?
In 2003 to 2004, the Canadian dollar appreciated against the US dollar. Explain the effects of this appreciation on each of the following. Canadian exporters of goods to the US. Canadian firms that buy machinery and equipment from US suppliers.
Suppose that you buy, and one year later sell, a foreign (British) bond under the following circumstances
If unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors by themselves, have on export trade and why?
Can you give 2 examples of of people who work part time for economic reasons and 2 examples of people who work part time for non economic reasons?
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