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1. Sara's income is $500, the price of X is $6, and the price of Y is $4. Based on these prices and income, Sara buys 120 units of X and 70 units of Y. Call this combination of X and Y "bundle K." At bundle K, Sara's marginal rate of substitution is 2. Given these prices and income, what is Sara's equilibrium consumption of X? Briefly explain your reasoning.
Many products use some derivative of crude oil in their production. Research five of these non-fuel or lubrication products.
Do you think the interest on payday loans is too high or just right? Should Christians charge poor people interest on loans?
Anderson and Kay are two individuals who one day discover a stream that flows wine cooler instead of water. Anderson and Kay decide to bottle the wine cooler and sell it. The marginal cost of bottling wine cooler and the fixed cost to bottle wine coo..
Can you help me propose at least two reasons why a mediator should maintain a position of being neutral third party within the mediation process of a conflict
Etisalat and Du are duopolists. If they form a cartel between themselves, then what will happen to price and output in the market. Discuss your answer with a relevant diagram.
In July of 2012, Taylor purchased 1,700 shares of XYZ common stock for $75,000. He then sold 1,000 shares of XYZ in July of 2013 for $37 per share. The remaining 700 shares were finally sold for $75.71 per share in July 2014.
The Quantity Equation MV = PY can be expressed as follows: (Growth Rate in the Money Supply) + (Percentage Change in Velocity) = (Inflation Rate) + (Growth Rate of Real GDP) Given this fact, suppose money velocity falls by 50% because individuals and..
a. Is this country abundant in high-skilled or low-skilled labor? b. What will happen to the size of each industry in the medium and long run?
What are some of the obstacles or barriers to implementing EBP in the health care field?
Compare and contrast two different software development approaches (for example, the Waterfall Model versus the Spiral Model or the Object Oriented approach versus Design Patterns, etc)
1. What is modulation? Please describe how it works. 2. What are the examples of Digital Signal Encoding Formats?
Suppose the world price of lumber is above the Canadian price of lumber. What would be the impacts of free trade in lumber between Canada and the rest of the world? Use a diagram to show the impact on: Canadian price; Canadian consumption; Canadian p..
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