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the phenomenon of diminishing marginal utility refers to the fact that a people do not like additional units of a good
a social indifference curve shows a all allocations that yield the same total utility to individuals in the society b
the relationship between resources commanded by an individual and that individualrsquos level of well-being is given by
there is a basic trade-off between efficiency and equity because a income redistribution tends to reduce incentives for
if a private good is publicly provided at a zero price it a becomes a public good because everyone can consume as much
which is not true of rawlsian social welfare functions a they have right-angled social indifference curves b they are
identify and explain some of the major causes of credit card fraud how does this impact not only you personally but our
john just turned 30 and will retire from his job when he turns 63 when john turns 63 he will stop working completely
you have secured a loan from the bank for two years to build a new business location the terms of the loan are that you
outsourcing of payment system operations is a very popular alternative to accepting payments directly from customers
chang corp has 375000 of assets and it uses only common equity capital zero debt its sales for the last year were
the free rider problem refers to people who a will only consume a public good if it is free b for efficiencyrsquos sake
caan corporation will pay a 294 per share dividend next year the company pledges to increase its dividend by 45 percent
which of the following actions are most likely to directly increase cash as shown on a firmrsquos balance sheeta it
which of the following will necessarily cause a companyrsquos roe to increasean increase in the price per unit of its
fort smith drywall expects sales next year to be 600000 if the economy is strong 500000 if the economy is steady and
given the following data calculate the after-tax cash flow sales 389000 cost of goods sold 200000 taxes 108000 interest
synovec co is growing quickly dividends are expected to grow at a rate of 24 percent for the next three years with the
in 2012 macdonald and sons had net income of ndash80000 if accruals increased by 50000 receivables and inventories rose
according to the general dividend valuation model a firm that reinvests all its earnings and pays no cash dividends can
draw the price-ytm i graph for a 5 fixed-coupon bond that has 10 years to maturity assuming annual coupon
venus inc has sales of 2000000 the common stockholders received 400000 in cash dividends and preferred stockholders
consider the following balance sheet data for kristyrsquos party supply cash 92000 accounts payable 75000 accounts
a cash flow sequence is described by 1000 50k where k is in years the sequence extends from year one through year
lately the stock market has experienced unprecedented volatility ndash wild ups and downs discuss how stock trading has