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Question Subject Due Date No. of Tutorials Closed Price
What is the marginal rate of substitution, MRS
What is the marginal rate of substitution, MRS? State the definition and explain, inwords, what it means. …
Economics / Microeconomics 2017-06-11 1 Yes $3.00
A basic assumption about consumers in microeconomic
A basic assumption about consumers in microeconomics is that they have preferences overdifferent baskets of goods. Explain the concepts “preference”, “preference order”, and “basketof goods …
Economics / Microeconomics 2017-06-11 1 Yes $4.00
ECONOMICS 100 - Rusty enjoys Fuji and Gala apples and finds
Question 1Rusty enjoys Fuji and Gala apples and finds 2 Fuji apples to be just as good as 1 Gala apple.a. Rusty's preferences can be represented by a perfect substitutes utility function.b.Rusty's pre …
Economics / Microeconomics 2017-06-11 1 Yes $7.00
The Gini coefficient represents the - ratio of income
Question 1 (Multiple Choice Worth 4 points)The Gini coefficient represents theratio of income between the richest and poorest nations in the world.ratio of income between the richest and poorest famil …
Economics / Microeconomics 2017-06-11 1 Yes $22.00
a relatively high base income in a cash assistance
1. a relatively high base income in a cash assistance program __________.a. reduces the incentive to workb. increases the incentive to workc. does not affect the incentive to workd. will reduce the in …
Economics / Microeconomics 2017-06-11 1 Yes $7.00
BHM 101.3 - The demand and supply schedules for US wheat
Part A: Answer the following questions.Price(dollar per tonne)Quantitydemanded(kilotonnes)Quantitysupplied(kilotonnes)1001502002503003504002,0001,4001,2001,000 800 600 0 0 600 8001,0001,2001,4002,000T …
Economics / Microeconomics 2017-06-11 1 Yes $9.00
In an industry there are three firms producing
In an industry there are three firms producing a homogeneous product. Let q1 denote the output level of firm i, i= 1,2,3 and let and let Q denote the aggregate industry-production level. That is Q = q …
Economics / Microeconomics 2017-06-11 1 Yes $8.00
There are two firms, Izuz and Eker, in an industry of hardware
There are two firms, Izuz and Eker, in an industry of hardware, called Netlet.The market size is $16 billion. Each ?rm can choose whether to advertise. Advertisingcosts $4 billion for each firm that c …
Economics / Microeconomics 2017-06-11 1 Yes $6.00
Discuss Supply-Side Policy - What do Supply-Siders
Discuss Supply-Side Policy. What do Supply-Siders think about the overall economy? What Policy Levers do Supply Siders think should be used in this approach? Why is Supply-Side not accepted as an Econ …
Economics / Microeconomics 2017-06-11 1 Yes $6.00
ECON 202 - For a firm that has passed the point where the law
For a firm that has passed the point where the law of diminishing returns has taken effect, adding another input to production means thatvariable costs are decreasingmarginal product is decreasingmark …
Economics / Microeconomics 2017-06-11 1 Yes $8.00
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