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two people from the military general equilibrium player 1 and major inefficiency player 2 have been stranded on an
there are two types of electric pencil-sharpener producers ldquohigh-qualityrdquo manufacturers produce very good
hypothetical country has 130 in currency 520 in reserves and 910 in deposits there are no excess reserves use this
the balance sheet below represents the current financial situation of a commercial bank named novatia bank suppose that
suppose 4 neighboring farmers want irrigation and flood control systems each farmer can install one system for 15000
1 which of the following pairs illustrates the two extreme examples of market structures whya competition and
1 government policies can affect frictional and structural unemployment in either ways which policies can increase
explain how moral hazard asymmetric information and adverse selection molded tort law regarding compensation for
create an excel file or a picture with 6 separate spreadsheets that make it super easy fill in the box type thing for
a monopoly is considering selling several units of a homogeneous product as a single package a typical consumerrsquos
when he was born bob was given a 10000 30 year bond by his uncle ben bobrsquos brother wants to buy the bond for 6000
assume there is an increase in autonomous investments of 100 billion will the effects on the level of equilibrium real
suppose robina bank receives a deposit of 53589 and the reserve requirement is 5 answer the following questions using
texas instruments the early period of the industry decided to price its semiconductors below production costs the
explain why any point on an economyrsquos ppf must be associated with a point on the production efficiency locus in the
consider the utility function uxy30x8 y2ndashfor the points x 1 5 10 and 20 find the y such that the pair xy lies on
elmer fudd likes to hunt ldquowabbitsrdquo but also likes to hunt duck his utility function can be expressed as uwd
suppose there is a movie monopolist selling to students adults and seniors the marginal cost of tickets is fixed at 700
suppose danielle consumes pancakes and waffles her utility function can be expressed as upw10p75 w5 furthermore suppose
two of the most important concepts wersquove talked about in class are the technical rate of substitution between two
in thinking about the size of the current federal debt and deficit relative to the current level of gdp explain how you
1 assume your marginal rate of substitution between goods 1 and 2 is minus1 if your consumption choice is optimala the
describe and explain price and output determinations for firms how does the change from the short run to the long run
the wrong side of globalization by the nobel prize winning economist joseph stiglitz - originally from gary indiana how
deviations from efficiency1 monopolymonopsony why is mr lt pd for a monopolist why is mc gt ps for a monopsonist and