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Question: One professor (who will go unnamed), wanting to remove the "grade grubbing" pressure from the classroom, announced to the class that all students who regularly attended his class would get an A, and all others in the class would receive Bs. Would this announcement create any moral hazard problems? Explain.
According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation produces?
Most large airlines operate networks, or hub-and-spoke systems, which connect many spoke cities (or nodes) with flights to and from a hub airport.
Two firms face the demand equation given by P=200,000 -6(Q1 + Q2) where Q1 and Q2 are the outputs of two firms. The total cost equations for two firms are given by: TC1 = 8000Q1 and TC2 = 8000Q2.
Calculate the annualized value of a building that would cost $ 1 million to replace and has a life of 25 years. use interest rates of 5% 10% and 15%
Supposing equilibrium in the loanable funds market exists use the following numbers to determine the quantity of funds supplied in the loanable funds market.
Create a realistic budget for the program. Use applicable research in preparing the budget
A firm sells its product in a perfectly competitive market where other firms charge a price of $80 per unit. The firm's total costs are C(Q) = 50 + 10Q + 2Q2. (MC = 10 + 4Q). a. What price should the firm charge in the short run? b. Ho..
Marianne and Ellen want to form a corporation, Bridal Flowers Company, and thus retain the Bobbo Law Firm to prepare the articles of incorporation. Bobbo Law Firm files the articles of incorporation but Bobbo's paralegal forgot to have Marianne.
According to tournament theory:
What happens to equilibrium output and the equilibrium interest rate in the short-run, and equilibrium output and theequilibrium price level in the long-run.
A major employer has just added health insurance coverage for its employees. Consequently, 5,000 of your patients will pay a $30 copayment rather than the list price of $100 per visit. These patients average 2.2 visits per year.
Which is one of the three fundamental questions that require to be dealt with in any economic system? What makes the rate of unemployment low? What goods and services will be produced?
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