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Mark has utility given by U(X,Y)=XY+10Y, where X is the number of units of good X and Y is the number of units of good Y. Given this utility function, MUx=Y, and MUy=X+10. What is the MRS of X for Y at the bundle (X=20, Y=60)?
Given the current market conditions, what profits will the Morrison make?
In the formula for Bayes theorem if the w-probability is greater than the zero than the a-probably is less than the b-probability. With only one seller in a posted offer market prices will tend to move upward toward the monopoly price. Posted offer m..
Describe the four determinants of Productivity? How does the rate of population growth influences the level of GDP per person?
on average, Japan's real every capita output grew at a rate of 3 percent every year among 1973 also 1993. Illustrate what would Japan's output every capita have been at the end of 1993.
After 6 years, the press can be sold for $500. What is the press' present worth at an interest rate of 12%?
The market for an agricultural product is modelled by the following Demand and Supply Curves:
Suppose that the manager of a firm operating in perfectly competitive market has estimated the firm’s average variable cost function to be AVC=4000-5Q+0.002Q 2 Total fixed cost is $62500. The firm across the street is charging $1000 per unit that the..
why do points on a utility possibility curve represent efficient allocations of resources? why must the utility
Do you think that punishment and/or rewards have a place in a plan of intervention for a student who has not responded to alternative approaches?
If you have an asset that costs $20 in year zero and face a MARR of 1%, what is the smallest benefit you could receive in period 5 and still find the investment acceptable?
q. a charitable university benefactor has decided to donate a large amount of money for student scholarships. the money
Can you give me a 500 word summary explaining what "opportunity cost " is?
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