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Which of the following market structures would you expect to yield the greatest product variety?
Provide a summary on the information that you found about yourself. Are there things you found that surprised you?
Uwe Reinhardt, an economist at Princeton University, wrote the following in a column in the New York Times: [Cost-effectiveness analysis] seeks
What are the advantages and disadvantages of giving unemployment benefits to the unemployed in regards to employment rent
Transaction cost is:
Mike's utility function for consumption and leisure is U(C; L) = C1=2 L1=2. There are 168 hours in the week and he earns $10 per hour. a) What is Mike's optimal amount of consumption, hours of work and of leisure?
In 2002, a well known conglomerate that produces a multitude of noncompeting customer products instituted a corporate wide initiative to encourage the managers of its many divisions to share consumer demographic info.
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? ..
Suppose that a professional association strengthened the limits to entry into their profession and at the same time lengthened its required apprenticeship
You have been appointed head of university parking enforcement. Your mission is to eliminate illegal parking. Car drivers are completely rational expected utility maximizes. They have utility functions given by u=x(1/2) where x is $ of consumption on..
You are going to be the CEO of a company. In anticipation of the upcoming quarterly disclosure of profits, you equipyour board of directors for the challenge th
Assume the law of one price holds, if a nation experiences no inflation at home can it maintain constant prices and constant exchange rate in the long run
Consider the market for widgets (an inferior good). Suppose that we see an increase in household incomes and, at the same time, higher labor costs for widget producers. What is likely to happen to the equilibrium price and equilibrium quantity in thi..
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