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Require an example of the equitable doctrine of promissory estoppels, and describe why this example meets the requirements of promissory estoppels.
Microeconomics, Economics
Question: Marty McFly's utility function is given by U(L, C) = C(L+8). There are 24 hour in a day. His wage is $10/hr. and he has $20 non-labor income. a. Find the budget constraint and then the optimal number of hours h ...
Question: Your company is intending to launch a new product, and your line manager is worried that the product will not "cross the chasm" and he has asked you to prepare a presentation regarding the product adoption life ...
Question: Explain Milton Friedman's "Natural Rate" Hypothesis. What important policy conclusion can we derive from the hypothesis? include any necessary graphs or models. The response must be typed, single spaced, must b ...
Quesiton: (Tax Rates)Suppose taxes are related to income as follows: Income Taxes $1,000 $200 $2,000 $350 $3,000 $450 1. What percentage of income is paid in taxes at each level? 2. Is the tax rate progressive, proportio ...
Question: My question would impact of demonitization on rural and agrarian economy, it is said that digitization would rise, however to it implementation would be at faster pace in urban and its fringes. How would rural ...
Question: Draw typical Home market supply and demand curves, and then derive import market Home demand curve. After superimposing Foreign export supply over Home import market demand curve for a Small (Home) Country. Sho ...
Question: In Japan, one worker can make 5 tons of rubber or 80 radios. In Malaysia, one worker can make 10 tons of rubber or 40 radios. a. Who has the absolute advantage in the production of rubber or radios? How can you ...
Question: 1. Consider the following utility function and corresponding marginal rate of substitution for consumption, C and leisure, and L: U = CL square ( just the L is square, the C is normal) and MRS = - L/2C . The co ...
Question: Define and draw the utility possibility frontier. In your picture explain what is meant by pareto efficient. Social welfare functions can be used to pick out a point on the utility possibility frontier. Show th ...
Question: For the healthcare Industry: Submit analysis of current forces affecting the auto industry and begin competitve structure and resources). 1. Include charts/graphs and tables indicating trends 2. Describe indust ...
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