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Suppose the price elasticity of demand for used cars is estimated to be 3. What does this mean?What will be the effect of quantity demanded for used cars if the price rises by 10 percent?
Ben’s preferences are represented by the marginal rate of substitution MRS = 2y/x. His income is I = 180. The market prices are Px = 3 and Py = 1. What is his optimal consumption basket?
Maintenance expenses for a bridge on a local river are estimated to be $30000 per year for the first 10 years,followed by two separate $80000 expenditures in years15 and20.The expected life of the bridge is 30 years.ifi=7% per year, what is the equiv..
?(a) What is the probability that at least one has not called a talk show while under the influence of alcohol??
A rise in the price level that leads to a change in the interest rate, and therefore to a change in the quantity of aggregate demand, will cause:
When calculating yield to maturity or yield to call, in most of my textbooks and slides the only way to calculate those values are by a financial calculator
company's online presence using online marketplace analysis
Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output. Can businesses be an important cause of inflation or is it a pure monetary eff..
Setting up nurse practitioner clinics to serve 20,000 newborns in Georgia would cost $6 million. This program would increase life expectancy at birth from 75.1 years to 75.3 years. How many life years would be gained? What is the cost per life year? ..
Draw a market with a negative production externality. What kind of instrument (policy) do you use? What's its magnitude? What does the policy lead agents on both sides of the market to do?
Examples of computer topic/ concept Virtual reality Format of TED Talk Assignment (Extra Credit # 1):
What are some of the location-specific advantages found in agglomeration, the clustering of economic activities in a concentrated area? What are the advantages and disadvantages for first movers? What are the advantages and disadvantages for late mov..
Describe two examples of how either black slaves or white abolitionists used literature or the visual arts as a form of protest against slavery.
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