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use a supply-demand graph to demonstrate how the quantity and price of medical services are expected to be affected if
a forty-year annuity-immediate makes monthly payments during the first year the monthly payments are 100 each the
a publisher is considering launching a new magazine for women in the 18ndash25 years age group it is thought to be
a spanish can either produce 3 liters of win or 1 kilos of cheese a portuguese worker can either produce 4 litres of
jane obtains utility w12 from wealth w jane has 100 but there is a 25 chance she will require surgery which costs 64a
a specific mcdonaldrsquos franchise owner is looking at elasticities of big macs ep 2 price ei1 income emt15 mbig mac t
use the information in each scenario alone to answer each questiona what is the marginal revenue of a firm that sells a
eddies precision shop is insured for 700000 the present yearly insurance premium is 100 per 100 of coverage a sprinkler
assume two economies that have identical production possibilities frontiers show how they can still gain from trade if
prove the heckscher-ohlin theorem assume two different sets of factors abundances for two countries and derive the
there are a number of measures of aggregate economic activity such as gdp gnp national income personal income and
1 nominal gdp in nowhereland in 2002 and 2003 increased from 4 trillion to 48 trillion can you say that the production
one hundred dollar of interest is paid each month on an investment of 10000 if interest is compound monthly what is the
for each item below draw a graph with quantities of pepperoni pizza on the horizontal axis and quantities of anchovy
the president of the us announces in a press conference that he will fight the higher inflation rate with a new
the absolute value of mars mrs at his current consumption bundle is strictly greater than 2 mars has convex preferences
1 to which category of us gdp expenditure does each of the following corresponda department of motor vehicles servicesb
suppose you own a specialized auto parts manufacturer you purchase and have installed a new machine to make a
compare and contrast the swedish and american approaches to welfare and other income redistribution programs and
a firm has the production function x f l where x is output and l is labor input the firm buys the input in a
suppose a closed economy decides to lower taxes assume ricardian equivalence does not hold all else held constant what
a monopsonistrsquos revenue as a function of its only input isr az minus bz2 zge 0it is faced with a supply function
1 a good without any close substitutes is likely to have relatively nbsp demand because consumers cannot easily switch
two firms a and b are planning to produce a new soft drink for the summer the soft drinks produced by the two firms can