Entries by Hannah Wangui

Imagine that you consume only two goods: bagels and coffee. Our utility function is characterized by U(Qc,Qb)= Qc^0.25 * Qb^0.75

December 7, 2020 in /by

Imagine that you consume only two goods: bagels and coffee. Our utility function is characterized by U(Qc,Qb)= Qc^0.25 * Qb^0.75 The price of bagels is $5 and the price of coffee is $2 and your income is $1,000 i.Find out our initial consumption bundle and the utility it provides .ii.What share of your income do you […]

 

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Cellular Access​ Inc., is a cellular telephone service provider that reported net operating profit after tax​ (NOPAT) of $ 246

December 7, 2020 in /by

Cellular Access​ Inc., is a cellular telephone service provider that reported net operating profit after tax​ (NOPAT) of $ 246 $246 million for the most recent fiscal year. The firm had depreciation expenses of $ 103 $103 ​million, capital expenditures of $ 162 $162 ​million, and no interest expenses. Working capital increased by $ 14 $14 million. […]

 

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Why is the adjustment to long run equilibrium shown as a shift of demand in monopolistic competition but as a shift of supply in perfect competition

December 7, 2020 in /by

Why is the adjustment to long-run equilibrium shown as a shift of demand in monopolistic competition but as a shift of supply in perfect competition   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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 Is the quarantine the optimal policy? Reference both statements above and use economic concepts in your answer

December 7, 2020 in /by

As of October 25, health care workers returning to New York after assisting Ebola patients in West Africa must be quarantined for 21 days. When the quarantine policy was announced, NY Governor Cuomo said “It’s too serious a situation to leave [avoiding contact with others] to the honor system of compliance.” But critics of the quarantine policy […]

 

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