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Suppose there is a suburban community where domestic septic tanks are responsible for contaminating a local lake. What is the effect on actual and efficient levels of water quality in the lake of an increase in the number of homes in the community?
What is the variable cost - Please calculate the average cost function for skateboards.
Jane quit her job at IBM where she earned $50,000 a year. She cashed in $50,000 in corporate bonds that earned 10% interest annually to buy a mini-bus. Jane has decided to buy the mini-bus and set up a commuter service
How large is the MI money supply How large are required reserve How large are excess reserve By how much could the banks increase their lending activities What will be the total effect on the M3 money supply
Your credit union is willing to lend you $32,000 for your home remodeling project. You must sign a home equity loan that requires you to make payments of $395.00 at the end of each month for the next 10 years.
The Federal Reserve has just purchased $100 million in Treasury bills from commercial banks. b. If the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in the banking system), the minimum reserve ratio ..
A total of 40 hours of labor are available. Formulate an LP to maximizethe company's revenues.
What are the trade-offs for society as it sets rules for deciding cases such as these?
Suppose that the marginal cost faced by a shoe company is $10 for a pair of shoes. If the demand elasticity for the company's shoes is also constant, and is equal to 5, what price should the company charge for a pair of shoes
Picabo borrows $1,000. To repay the amount she makes 12 equal monthly payments of $90.30. Determine the following: (a) The effective monthly interest rate (b) The nominal annual interest rate (c) The effective annual interest rate
Calculate correlation coefficients for the three ASVAB components.
Using the CES data set, perform a tobit regression of expenditure on your commodity on total household expenditure, and compare the slope coefficient with those obtained in OLS regressions including and excluding observations with 0 expenditure on..
Each firm has a marginal cost of $60 per unit. A. What is the Cournot equilibrium B. What is the Stackelberg equilibrium when Firm 1 moves first
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