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How can a price ceiling on tickets lead to scalping? Is price an effective rationing mechanism under a binding price ceiling? Why or why not?
Business Economics, Economics
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What steps do I take to calculate, At what prices would Google have to close in order for it to be considered statistically unusual? You will have a low and high value. Use the definition of unusual from the course textb ...
A random sample of 77 eighth grade? students' scores on a national mathematics assessment test has a mean score of 285. This test result prompts a state school administrator to declare that the mean score for the? state' ...
A firm undergoes a learning curve over its first few years of existence In its first year, its cost function is C(Q)= 128 + 3Q + 2q 2 with MC= 3 + 4Q In its second year, its cost function is C(Q)= 100 + 2Q + q 2 with ...
In 2018 Aman gave his church $50,000 in cash. He also gave his alma mater university another $70,000 of appreciated stock (basis of $18,000). Aman's AGI is $200,000. What is Aman's charitable deduction for 2018?
Consider a low wage market. Assume that the market demand curve is P = 20 - Q/500, and the market supply curve is P = 2 + Q/1,000. Workers in this market are not presently covered by the minimum wage, but the government ...
Give an example of a binary relation which is not transitive, and then give an example of a binary relation which is reflexive and transitive but not connected.
A decision maker has ordered every commodity in Walmart alphabetically according to the commodity's name. Every time when he needs to choose from several commodities, he always choose the second one according to his orde ...
Consider the following series of payments: Year 0: 20 Year 1: 30 Year 2: 40 Year 3: 10 Year 4: 5 Using an interest rate of 10%: a. What is the present value of this series of payments? b. What is the future value of this ...
One of the authors received a credit card bill for 2,988, but it included a charge of 1,834 that was not valid. Find the values of the absolute and relative errors the absolute value is 1,834 what is the relative errors?
If the market for a good is operating in the inelastic range of market demand. Which of the two policy that follow is more effective when handling (technical) externalities: Cap-and-trade or emissions fee?
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