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utility function

notes on separable utility function in microeconomics

   Related Questions in Microeconomics

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    Q : Negative GDP gap A large negative GDP

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  • Q : Ex-ante investment Ex-ante investment :

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    Whenever the price of plastic moose heads increase from $5 to $7, monthly sales fall from 2000 to 1000 units. By using the arc elasticity formula, the price elasticity of demand will be: (i) 3.0. (ii) 1/3. (iii) 2.0. (iv) 2.5.

    Q : Implicit Costs-Value of time

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