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Sara's income is $12 a week. The price of popcorn is $3 a bag, and the price of a cola is $3 a can.a. What is Sara's real income in terms of cola?b. What is her real income in terms of popcorn?
Optimal consumption. The following Table describes the demand for tickets to the opera, during the two=-week season.
Marginal productivity can be divided into three ranges: Increasing marginal productivity; Diminishing marginal productivity; and Negative marginal productivity.
Some company have an advantage of being alone in their industry/market. What might that organization do to maintain that situation.
Jason enjoys DVDs and spy novels and spends $60 a month on them. The price of a DVD is $20 and the price of a spy novel is $10. a. What is Jason's real income in terms of spy novel?
The economics student knows that profit maximizing manager will produce quantity where marginal revenue equals marginal cost
Suppose that the interest rate is determined by; M/P=d1Y-d2i, where P is the price level, Y is real GDP and M/P is real money stock,
Suppose that the assumption in key concept are satisfied. Show that X i is a valid instrument. That is, show that key concept 12.3 is satisfied with Z i = X i .
Think about a company that has been a state-owned, natural monopoly. If it is privatized, what kind of regulatory policies could the government follow, and what impact might they have on the firm.
The rules of the federal government influence outcomes of many activities in that economy. When government rules change or unplanned events occur, the resulting economic activity will usually change.
Assume demand and supply conditions in the competitive market for unskilled labor are as follows.
Describe at least three benefits of international portfolio diversification. Discuss and explain how three different global funds have used the concept of international portfolio diversification to successfully invest.
Compute the expected value (revenue) from each project. Compute the coefficient of variation of each project, and find out which project should the company choose. Compute the variance and standard deviation of expected value from each project.
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