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Some restaurants offer "all you can eat" meals. How is this practice related to diminishing marginal utility? What restrictions must the restaurant impose on the customer to make a profit?
Business Economics, Economics
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Soma needs loan from Para. Soma needs $14,400 and Para agreed to lend the $14,400 if Soma makes one payment to Para in the amount of $18,000, to be paid four months from now. What is the EAR on this loan?
Consider the market for pizza in Middleton, Ontario, whose demand and supply schedules are given in the table below. Price of Pizza ($) Quantity Demanded Quantity Supplied 10 0 6 9 1 5 8 2 4 7 3 3 6 4 2 5 5 1 4 6 0 3 7 0 ...
It has been a bad day for the stock market and you have heard that only 30% of all stocks gained value. Suppose you have a portfolio of 10 securities and assume a binomial distribution for the number of your stocks that ...
Research on the web ideas for small businesses for students. Describe at least three different ideas and include what for of business ownership you would use to structure each business.
How would you explain the concept of a quality adjusted life year? When is it appropriate to use "QALYs" instead of simply improved life expectancy as the outcome measure in an economic evaluation?
Suppose that the government is coming up with an employment protection policy that requires firms to pay each laid-off worker two more months of salary after they are laid off. This essentially changes the variable adjus ...
Suppose an industry that has n1 = 2 firms each with a supply curve S1(p) = 2p-8, and n2 = 4 firms each with a supply curve S2(p) = p-2. Construct the industry supply curve and plot it on a graph.
Why would the Australian government debt be consider not too high?
Doctoral assistant ships of Ph.D students 50% have paid assistant ships. a random sample of n=200 students is chosen.. based on this sample and using the properties of the binomial distribution, what is the approximate s ...
Please help me answer the following Kingsnorth et al. (2002) examined the case processing time (in days) from arraignment to disposition for cases processed by the Sacramento County District Attorney's office. For the 90 ...
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