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What is a budget constraint? What is the primary budget constraint facing an 84 year old billionaire? A 25 year old recent college graduate?
What would be the socially optimal number of firms if F = 0? What does this suggest about the likelihood of F = 0? What is the role of F in determining the optimum number of firms? The delivery cost?
A company is considering various advertising media to promote its new toy. Write the linear programming formulation to determine what media should be used to maximize monthly audience exposure.
What associations exist between the use of informatics and the access to, cost of, quality of, and coverage of health care?
In general, large current account deficits have to finance by:
MOST governments say they want to encourage entrepreneurs. Yet when foreigners with ideas come knocking, they slam doors in their faces. America, surprisingly, is one of the worst offenders. It has no specific visa for foreigners who wish to create n..
What is the formula for the nationally optimal tariff? What is the optimal tariff if the foreign supply of our imports is infinitely elastic? Explain.
"The cost of a bushel of wheat, which was $3.00 last month, is $3.70 today. The demand curve for wheat must have shifted rightward in last month and today." Discuss
The IT leadership team has determined that the college will add another satellite campus that will have a Learning Center
Suppose a certain state increases the license fees that physicians must pay from $500 to $2000 per year. Trace out the impact of the increase in fees an average cost, average variable cost, fixed cost, and marginal cost for physicians operating in th..
q. a draw the supply and demand for apartments. assume in this market all apartments are identical so there is only one
A soda vendor at Louisiana State University football games observes that more sodas are sold the warmer the temperature at game time is. Based on 32 home games covering five years, the vendor estimates the relationship between soda sales and temperat..
Consider the following model for the economy c=100+0.75(y-taxes) and I= 200, G= 50 and taxes+10+.16y. export=15 and imports= 5+.05y. what is the equilibrium level of GDP? Suppose the level of investment is reduced by 50. What is the equilibrium level..
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