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What are some of the primary impairments that need to manifest in order to change an individual's diagnosis from Substance Abuse to Substance Dependence?
Microeconomics, Economics
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Question: Suppose there is a pure exchange economy with two goods, A and B. The utility function for consumer i is U(A,B) = A 1 0.5 B 1 0.5 . The utility function for consumer 2 is U(A,B) = A 2 0.25 B 2 0.75 . Consumer 1 ...
Question: Suppose that the marginal utility of apples is 5A, where A is the number of apples consumed, i.e. MUA = 5A, and MU = 3B is the marginal utility of bananas. Find the marginal rate of substitution of apples B for ...
Question: A firm has demand equation Q = 10 - 2P. The firm must sell an integer quantity of product and charge the same price per unit of product for all units sold. It costs the firm$3 to produce and sell each unit of p ...
Question: When inflation and interest rates rise at business cycle peaks, the dollar is likely to decline because foreign investors withdraw assets that are likely to depreciate in real terms because of higher inflation. ...
Question: In the United Kingdom and several other countries, the loser of the case pays the winner's legal fees. Do you expect to see plaintiffs' attorneys operating under contingency arrangements in these countries? Why ...
Question: Define "externalities" as they relate to the price of goods and services, and examine how they can distort market forces of supply and demand, detailing both positive and negative effects. The response must be ...
Question: Why does the assumption of independence of risks matter in the examples of insurance? What would happen to premiums if the probabilities of houses burning were positively correlated? Can you think of a situatio ...
Question: In fast food we often see that a single franchisee owns all the outlets in a certain area that may be as large as a city. How does this increase the value that a franchise agreement is likely to create? The res ...
Question: You are on the city council and are considering a law to control rents below the free-market rent. What would be the effect of this rent control law in the short-run? In the long run? Be sure to explain why you ...
Question: The state of Colorado requires oil and gas companies who use fracking techniques to return the land to its original condition after the oil and gas extractions. Table 12.9 shows the total cost and total benefit ...
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