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What was Jesus' point in the teaching? What sort of relevance does this teaching have for other worldviews? What does this teaching reveal about Jesus? Identify at least one claim that Jesus made about His nature and/or the purpose of His ministry (such as in Mark 2:1-12, Matt 9:9-13, Luke 7:18-23, John 5:16-18, John 10:25-38, or John 14:5-11). Underline the passage chosen. What is the significance of this claim? How would you personally answer Jesus' question, "But who do you say that I am?" Describe your own beliefs about Jesus.
TC=200+6Q+0.5Q^2 MC=MTC/MQ=6+1Q at profit max, Q=12 and P=36 calculate output, price and economic profit (show how you get there) and point price elasticity of demand.
Consider an economy with the production function Y= L^(1/3) a) Derive the Labor demand Curve b) If Labor supply curve is L^s= (w/p) , calculate the equilibrium levels of real wage, labor and output.
Calculate the change in the level of real GDP demanded for each of the following values of MPC. Then calculate the change if the government, instead of reducing its purchases, increased autonomous net taxes by $10 billion
Simple linear regression predicting the change in performance (in seconds taken to run a race) for 800m runners by the average hours of training undertaken per week during the pre-season.
Let MUa=z=10-x and MUb=z=21-2y, where z is marginal utility per dollar measured in units. x is the amount spent in product A. y is the amount spent on product B. Assume that the consumer that the consumer has $10
You have just received a proposal from the marketing department that your firm's advertising budget should be increased by 20% from its current level of $250,000. The marketing department feels the proposed increase will stimulate sales and enhanc..
dollars per unit = 8.00, 6.00, 5.00, 4.50, 3.00 and Units per Period = 5,000 , 8,000 a) what is the monopolist's profit-maximizing output b)At the profit-maximizing output rate, what are the monoplist's average total cost and average revenue
A country produces manufactured goods, whose industry is characterized by increasing returns to scale, monopolistic competition, and firms that differentiate their products. Firms are symmetric all firms have identical costs functions and demand f..
Suppose you are the manager of a watchmaking rm operating in a competitive market. Your cost of production is given by C = 200+2q2, where q is the level of output and C is total cost. (The marginal cost of production is 4q; the xed cost is $200.)
Ellen purchased a used car for $10, 000. She wrote a check $2,000 as a down payment for the car and financed the $8,000 balance. The annual percentage rate (APR) is 9% compounded monthly, and the loan is to be repaid in equal monthly installments.
Suppose that velocity is constant and the economy's output of goods and services rises by 5 percent each year. What will happen to nominal GDP and the price level next year if the Fed keeps the money supply constant.
The demand for widgets is found to be Q=100-11P +0.5Y, where P is the price of widgets in dollars, Y is average income in thousands and Q is the quantity of widgets in thousands. Say that P=7 and Y=50.
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