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What is meant by free-riding behavior? Why is market provision of a public good inefficient?
Prove that every weighted average of three numbers x1
The labor demand and supply curves are respectively: Ld = a+b?w and Ls = c+d?w, where a, b, c, and d are parameters of the model, w is the wage, Ld and Ls denote labor demand and supply, respectively. What are the values of the parameters c and d tha..
A nightclub manager realizes that demand for drinks is more elastic among students, and is trying to determine the optimal pricing schedule. If the nightclub can set a separate cover charge and price per drink for each group, what two-part pricing sc..
Suppose the U.S. government was able to determine which industries would grow the most rapidly over the next 20 years. Explain why this doesn’t necessarily mean there should be a policy to support the growth of these industries. Analyze the disadvant..
Wheat farmers will receive total revenues from consumers and the government totaling
3. Assume now that the interest rate for saving is only 5%. Find the new intertemporal budget constraint.
Why is the data type of an identifier important? What is the difference between a weakly typed (python) and strongly data typed (java) programming language.
Is there a relationship between a currency's value and its balance-of-trade? (Effectively defend your answer with citations).
ducation is generally considered as a positive externality of consumption. If it is only available in a private market, the outcome will be that it will be
Consider a closed economy. Use the supply and demand for loan able funds model to predict the effects of the following events on interest rates and investment.
How do 'automatic stabilisers' help ameliorate the effect of a recession?
Compare and contrast the global marketing strategies of Samsung, Sony and Phillips after listing two or three elements of each company's global marketing strategy.
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