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In a lengthy post please discuss some type of physical or psychological handicap/disability from the perspectives of socialization/learning and stigma. ** Please type not writes
A firm has a monopoly on a new type of gaming console. The market demand is given by P=175.3-0.003*Q and thus marginal revenue is MR=175.3-0.006*Q. The monopolist's marginal cost is MC=5.2+0.001*Q. Calculate the profit-maximizing production quantity.
Per capita income in County A is $45,000. Per capita income in County B $38,000. Physician visits average 3.4 per year in County A and 3.2 per year in County B. What is the arc income elasticity of demand for visits?
q1. monopoly. please respond to the following.imagine monopolizing a service or product of your choice. discuss explain
Suppose that velocity is constant at 9, but the nominal money supply increases from $1.5 to $1.8 trillion. What must happen to nominal output? Suppose further that real output is constant at 13.5 trillion “units”: what must happen to the price level?
Rent controls force landlords to price apartments below the equilibrium price level. An immediate effect is a shortage (excess demand) of apartments, because the quantity of apartments demanded is greater than the quantity supplied at the regulated p..
q1. if the college puts a rent ceiling in rooms of 650 a month illustrate what is the rent and explain how many rooms
Using the PPC as a springboard for your analysis, what effect would forgoing consumption today in order to invest for tomorrow have on future production possibilities? Now consider the choices our government faces when it has limited tax revenues to ..
Explain the difference between positive and normative economics and how this affects ethical decision making Briefly define the following two terms in your own words: Positive economics Normative economics For the sake of argument (and this assignmen..
The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department.
This problem uses a utility function of the form U = 1 – exp(-0.002 X Income) where exp(z) means “ez”. The problem analyzes a gamble in which Income = 1,000 with probability 0.4 and Income = 3,000 with probability of 0.6. Calculate the expected incom..
Conspicuous consumption refers to:
If the farmer rented her land from a landowner, would she have the same incentives to control soil erosion. Illustrate would the landowner have an incentive to control erosion.
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