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How do you think markets for organ donation and child adoption would be affected if they were made fully legal with a well-functioning price mechanism?
Microeconomics, Economics
Question: In early 1975, the government distributed $8 billion in one-time tax rebates to try to move the economy out of its most severe post-WWII recession. What impact do you think this had on consumption and saving? I ...
Question: A friend convinces you that she has a great idea for a business, and the two of you incorporate. You supply her with funds and let her make all of the executive decisions. Under the agreement you hold 30 percen ...
Question: Chapter 8 explained that thousands of new grocery products are developed every year. Often the grocer will give the developer of a new product the chance to sell it through the grocer's stores, but only if the ...
Question: A consumer has the following utility function: U(x1,x2)=ln(x1)+2*ln(x2), where ‘ln' stands for the natural logarithm. Reminder - the derivate of ln(x1) with respect to x1 is 1/x1. a. Calculate the demand functi ...
Question: A commercial real estate developer plans to borrow money to finance an upscale mall in an exclusive area of the city. The developer plans to get a loan that will be repaid with uniform payments of exist400,000 ...
Question: Emily likes pretzels and pepsi. She bought 10 bottles of Pepsi for $2 each. Her marginal utility for the tenth bottle was 12 utils. She also bought 7 bags of pretzels for $4 per bag. Her marginal utility for th ...
Market equilibrium. Demand : QD = 20 - 3P Supply: QS = -8 +2P Draw the demand and supply curves on one graph and solve for the equilibrium price and quantity
Question: Using capital asset pricing model to determine the expected return of Google stock, which has a beta value of 1.5, if the total market expected return is 10% and the risk-free rate is 2.5%. The response must be ...
Question: Wendy's serves its hamburgers "fresh off the grill" This ensures high quality but creates leftover burgers if the staff overestimates the demand. Wendy's solves this problem by using the meat in chili, tacos, a ...
Question: Think of a time when you faced an ethical dilemma at work, at school, or at home. Be sure to choose a situation in which you had to choose between two or more options, each with negative consequences for you or ...
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