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Answer the question in a response that is 300-500 words. What is the Socratic method? Describe how and why Socrates used the method, highlighting some of the questions he posed. Discuss its value is in education. For context, he said, no plagiarized work, if anything, to cite the information. he said two sources max. He said to answer it in essay/ journal form 300-500 words. This is a journal entry assignment for intro to philosophy or phi 2010.
The individual demand for a product has been estimated to be qd=32−2p, the firm’s cost function is C(q)=4q+25 and the marginal cost is 4. What is the optimal two-part tariff for this monopolist?
Consider the country you have been assigned. How is unemployment there different from unemployment here? How does this affect the measurement of unemployment? What are the differences between there and the US in the prevalence of the underground econ..
Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. Assume the growth rates for each country remain the same.
What is the probability that the mean price was between $2.695 and $2.716. Assume o=$0.048.
If both manufacturers offer the same value, then 50 customers buy from each manufacturer. Find all symmetric Nash equilibria.
Explain how to identify the sources and types of profitable investment opportunities. What makes an investment profitable?
Three firms produce the same product with different cost functions. Firm 1's marginal cost is 10, firm 2's marginal cost is 8, and firm 2's marginal cost is 4.
The Fed pays very high interest rates on which of the following assets and/or liabilities?
Graph the production possibilities frontier over one day for this restaurant. In the graph, you must identify the points where transfer of a worker from one job
What is the level of the M1 stock of money? Suppose the public’s holding of currency increases to $100 while, at the same time, the level of deposits remain constant at $200. What is the value of the new money multiplier (m’)?
Explain how the Fed's use of its three tools of monetary policy affect supply and demand in the market for reserves and the equilibrium federal funds interest rate.
What is game theory and who invented it and what date was it invented? Why is it important?
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