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Question: Explain what economists mean by rational choice and think of three choices that you've made today that are rational. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.
Microeconomics, Economics
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Question: A manufacturer estimates that when q units of a certain commodity are produced the profit obtained is P(q) thousands dollars, where P(q)=-2q^2+74q-72. Part 1. Find the average profit and the marginal profit fun ...
Question - The revenue equation (in hundreds of millions of dollars) for barley production in a certain country is approximated by R(x) equals = 0.0637x2 + 1.3445x + 2.2695 where x is in hundreds of millions of bushels. ...
Question: Suppose a consumer is consuming a bundle of goods X and Y which lies on their budget constraint. If the indifference curve which runs through this bundle is steeper than the budget constraint, explain what the ...
Question: 1. Why dose Marx begin Capital with commodity? 2. What is abstract labor? Is it a substance?Is it inherent in individual use values? How should we understand abstract labor? 3. What is the distinction Marx make ...
Question: Choose and focus on one negative consequence of globalization. Explain what the issue is, and why it is problematic for the world. Describe what you think should be done to improve this situation. If you think ...
Question: The market demand for stuffed rabbits is Q = 2,600 - 20P, and the government intends to place a $4 per bunny tax on stuffed rabbit purchases (tax collected from sellers). Calculate the tax incidence and deadwei ...
Question: You borrowed $100,000 with an interest rate of 12% to be paid back with 10 equal end-ofyear payments. How much is your outstanding debt after 5 payments? The response must be typed, single spaced, must be in ti ...
Quesiton: A third price auction is similar to a Vickrey auction except that the winner (the bidder with the highest bid) pays the third higest bid. Is it a dominant strategy in this auction to bid one's valuation? If yes ...
Question: Is there a gender gap in public relations? Why does the field attract more women than men? How does each gender perceive careers in public relations? Focus groups with majors at three universities provided some ...
Discussion Question: Challenger Brands Review Secrets of Challenger Brands Your brand is a challenger-it is not the category leader. Explain a few ways that you can apply the ideas in the article to your brand. In your f ...
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