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Suppose martha's utility is given by U=1/2^2 +3y^2. what is formula for martha's rate of substitution? Is the marginal rate of substitution increasing or decreasing or constant as martha substitutes x for y?
Taxes must be collected to pay for the purchases of surplus cheese by the usda. as a result, total surplus (producers plus consumers) is reduced by the amount the usda spent on buying surplus cheese. Using your answers for parts d, e, and f, wh..
Create a list of reasons for your recommendation and include considerations of product features and use of advertising.
problem 1 the haas corporations executive vice president circulates a memo to the firms top management in which he
No one will buy the good if the price is above $80 and no one will sell the good if the price is below $20. The equilibrium price and quantity if this market is perfectly competitive would be $40 at a quantity of 20.
1.Government policymakers may be elected politicians or appointed experts. Describe some of the specific decisions made by policymakers that affect you personally 2. Discuss the motivation of policymakers. Are they held accountable by voters
What happens to the indifference curves when a household's income is reduced and how does a budget constraint explain consumer choices when used in conjunction with indifference curves?
Describe the company and provide a brief history of its operations. Find or use graphs to illustrate its financial performance over the years.
question 1 australian greens health spokesperson senator rachel siewert on 17 may 2011 has recommended a floor price
write a 1750 to 2450 word paper in which you decide whether to purchase a house.1. discuss which principles of
The higher the nominal interest rate:
Suppose demand is given by QD = 100 – P and supply QS = P. If buyers pay a tax equal to 10, what is the after-tax demand? Do the same computations as the previous exercise, and show that the outcomes are the same.
q1. assume that the market for tomatoes is perfectly competitive. using an appropriate model or models illustrate and
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