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Ted’s utility function characterizing preferences over apples and bananas is U a,b= 4a + 6b^2. . How many apples does Ted demand if Pa= .5 and Pb=1 , and he has $10 to spend?
Illustrate what is the marginal revenue from selling another book for the author. Explain how does it compare to the marginal revenue
Explain the types of incentives for providers for efficiency in the delivery of healthcare services.
q.there are two identical firms in an industry. each firm uses a cournot strategy to maximize profits. if the best
Adjust the following graph to show the changes in the market between 2001 and 2002.
Which of the subsequent goods with their respective income elasticity coefficients in parentheses will most likely suffer a decline in demand during a recession.
q.why was firm examining in support of antitrust behavior? categorize some of costs financial and non-financial
A New York Times editorialist recently advocated a cut in the payroll tax.
Explain how convinced are you that the new 30-gallon trash bag is the strongest such bag on the market.
q1. thomas schelling and expert on nuclear strategy and arms control observed in his book the strategy of conflict
Suppose firm sets an entry fee plus per-unit price for each consume. It can tailor entry fee and per-unit price to individual consumer. Illustrate what are best (profit-maximizing) entry fees and per-unit prices for it to set. Illustrate what is t..
Discuss whether each statement is an example of positive economics or normative economics or if it contains elements of both: an increase in the personal income tax will slow the growth rate of the economy.
What are the differences among horizontal, vertical, and conglomerate mergers? What does the U.S. government hope to achieve through the use of its antitrust policy
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