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Identify a personal economic decision that was driven by a behavioral bias rather than by pure rational behavior. Given your understanding of behavioral economics, how would your decision differ today?
In the long run the interest rate adjusts to adjusts to balance the supply and demand for loanable funds. In the short run, the interest rate adjusts to balance the supply and demand for money. Discuss.
The short run is defined as the time frame:
q1. determine whether the justice department would challenge a merger between two firms in an industry with 10
The following equations are the market demand and supply schedules before the imposition of a per unit tax. (Qd = quantity demanded, Qs = quantity supplied, P = price) Assume there is an imposition of a $2 per unit tax on producers. Graph the supply ..
Sources of inputs into the microeconomics in context model include:
Suppose that there is a fixed number of workers. Each worker is at a certain instance either employed or unemployed. What is the rate of job separation (s) ? What is the equilibrium unemployment rate (u) ?
Compare an owner's personal liability for debts of a business organized as a sole proprietorship, general partnership, limited partnership, LLP, LLC, and S corporation.
He explains that the firm that has come up with the idea decided to start the coffee push cart in either Cleveland, Ohio, or Houston.
Daniel makes ice cream. He currently produces 22,000 ounces of ice cream a month using 200 units of capital and 300 hours of labor. With his current production mix the marginal product of capital is 600 ounces and the marginal product of labor is 350..
You bought 300 shares of General Electric (GE) stock at $3,200 on May 21, 2013. Your intention is to keep the stocks until they double in value. If you expect 8% annual growth for GE stock, how many years do you anticipate holding onto the stocks Com..
Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding, installation, and maintenance. Recently, the partners acquired special technology and know-how for..
q1. the average variable cost per acre planted with wheat was 107 per acres. assuming a yield of 50 bushels per acre
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