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What is the role of discounting in long term policies/projects such as climate mitigation?
If the marginal rate of substitution of coffee for Pepsi is 3 and the price of a coffee is €2.50 while the price of a Pepsi is €1 then which is better value for money: another coffee or another Pepsi? Which good has higher marginal utility?
What strategies are proposed in the Babson College competition to obtain control over market price? Given the competitive nature of consumer products industry, why do you believe firms spend millions on Super Bowl and other primetime ads? How would a..
To ease monetary policy to fight a recession, the Fed would:
q1. given production function fxy cxabyb-awhere a b c are positive and bgtaa. discuss the returns to scale marginal
A privately owned summer camp for youngsters has the following data for a 12-week session:
The Covid-19 is a highly contagious disease. Although there are vaccines for Covid-19, the vaccination is not free and there are side effects of the vaccine, ma
You are to answer the below questions in the context of the office space market in Australia. Please treat each question as a separate event:
How many units of labor should be employed? b. How many units of capital should be employed? c. What would be the total cost of production?
Suppose that the U.S. dollars-Chinese yuan exchange rate is fixed by the U.S. and Chinese governments. Assume also that labor is immobile between the United States and China due to high transportation costs. Which of the following situations is likel..
Explain the intended reasons and actual consequences of these policies. Identify and explain at least one alternative policy that would lead to better socio-eco
Explain the positive externalities of a flu shot. Be specific of who receives these externalities. Your answer should include an explanation of what
A monopolist faces the (inverse) demand for its product p=a-bQ. The monopolist has a marginal cost given by c and a fixed cost given by F. Assume that F is sufficiently small such that the monopolist produces a strictly positive level of output. What..
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