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which of the following statements is true if the consumer chooses between christmas trees and christmas lightsa if the
suppose that we have a standard real intertemporal model with investment the country experiences a natural disaster and
consider the following simplified balance sheet of a commercial bank assets liabilities vault cash 200 3500 deposits
1 ronald reagan ran for office with economic proposals that focused on businesses the idea was that favorable tax
think of a strategy pursued by the company your work for another company or even a sports team how can game theory help
consider the independent private value auction setting that we talked about and solved in class assume that there are a
consider the following duopoly where firms choose their quantities qi isin 0 infin simultaneously firm 1 has a cost of
an electronics firm sells 1000 hdtvs per week at a selling price of 450 each a market survey indicates that for each 10
a company is considering constructing a plant to manufacture a proposed new product the land costs 300000 the building
the george washington bridge in new york city has two decks the upper and the lower deck thousands of commuters into
the purchase price of a natural gas-fired commercial boiler capacity x was 175000 eight years ago another boiler of the
imagine a country divided into four equally sized classes poor lower middle upper middle and upper within each class
over the past several years the predictions of the philips curve havenrsquot exactly panned out now with the
the elasticity concepts price income and cross price can all be applied to everyday purchasing of goods and services
derive an is curve the usual way create two points assuming a closed economy now assume that an open economy exists use
suppose that a firm is in an industry which has a very rapid rate of growth in sales and output and is characterized by
an imperfectly competitive firmrsquos demand equation is given byp 400 - 25q the firmrsquos marginal cost is mc 20
consider the following situation for firm a firm a is a monopolist and has mc30 demand for firm arsquos product is
you are the manager of a monopoly the demand for your product is p100-2q and the marginal revenue is mr100-4q total
explain but dont demonstrate how a union might cause an increase in employment in the unionized occupation also explain
an economy has a cobb-douglas production functionykalpha le 1-alphathe economy has a capital share of a third a saving
the price elasticity of a demand for a good is -094 the cross-price elasticity is 194 the income elasticity is 123 and
what if we were to change our perspective on the money spent on education from one based on costs to one based on
truefalse1 income mobility is quite robust in the united states with more than half of all families moving up and down
monetary policy is one of the more important areas of influence on the economy in the modern world yet few people