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In the books on economic development, the theoretical framework, what is the effect of education on economics, according to Michael Paul Todaro reference
In a Keynesian cross diagram, the slope of the aggregate expenditure function increases,
Externalities. Consider the example of the perfectly competitive steel firm from class. The firm takes the market price p = $35 (per unit of steel) as given and chooses quantity q (units of steel) to maximize its profits. Design a (“Pigouvian”) tax t..
Less-developed Countries (LCDs) are caught in a vicious circle of poverty. For output to increase, they must build up capital. To build up capital, they must save and consume less that what they are producing. However, because they ate poor, they hav..
Using the principles of supply and demand, develop a plan to alleviate the shortage of math and science teachers within this country. Try to use price and non-price determinants as your tools to reach equilibrium. Defend your position using economic ..
Write a program that prompts for a date (month, day, year) and reports the day of the week for that date. It might be helpful to know that January 1, 1601 was a Monday.
Two firms produce identical, substitute goods. Market inverse demand is P=150-Q. Firm 1 has costs c(q1)=c1q1 and Firm 2 has costs c(q2)=c2q2. Find the Nash equilibrium in quantities (cournot competition) Prove the answer is a Nash equilibrium
Distinguish between the two types but knows the probabilities of each type. What would be the result in this market for loans.
Using the normal distribution, find the probability that a population with a mean of 35 and a standard deviation of 8 will produce a sample mean of less 34 in a sample of size 64.
An unemployed leather maker is most likely to be considered to be structurally unemployed. A new college graduate looking for his or her first professional job may experience frictional unemployment. Cyclical unemployment is unemployment that is in e..
Use your knowledge about price-searching firms and two-part pricing to advise the company below. A company has a bar and is trying to decide on the cover charge (if any) and price for each drink. It has done a modest regression study in which it aske..
Can you suggest any way of using economic forces to determine prize money?
Econ 3305 - Is the publishing house making the optimal input choice? Why or why not? If not, how should the manager of Largo Publishing House adjust input usage and What is average variable cost?
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