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1. Mary is in equilibrium. The MUa =6, MUb =12, Pa=2, what is the price of b?
2. Zach is in equilibrium. The MUa=2, MUb=8, what is the price of a in terms of the price of b?
3. What is the utility maximizing or optimization condition?
Rent controls place price ceilings on rents at levels below market equilibrium rental rates for the stated purpose of making housing more affordable for low-income families. Using demand and supply analysis, answer the following questions:
Why would China want its own currency to be undervalued relative to the U.S. dollar? How does china maintain an undervalue currency?
The initial cost of a pickup truck is $12,859 and will have a salvage value of $4,027 after five years. Maintenance is estimated to be a uniform gradient amount of $181 per year, with zero dollar for first year maintenance. The operation cost is esti..
Elucidate how much money should the government spend to eliminate this gap. Elucidate how much money should the government give in tax cut to eliminate this gap.
Illustrate what should the prod level if fixed costs rose to $50000 per month Explicate.
Which policy do you believe would be more effective in the short term for accomplishing these goals.
Suppose that two people, Mary and John each live alone in an isolated region. They each have the same resources available, and they grow corn and raise pigs.
If the American auto companies make a breakthroufh in automobile technology and are able to produce a car that gets 70 miles to the gallon, what will happen to the value of the dollar? Use the demand-supply model of the dollar to explain.
What is the relationship between a country’s political/economic environment and risk? What about corruption? Please provide examples to support your post!
given qd124-0.025 p and qs -50 0.025pquestion 1at the time of rusals concern primary aluminum prices were relatively
The existing equipment will be sold for $6,000. Illustrate what is the first cost that should be used.
What make both the farmer and the rancher willing to trade with one another.
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