# managerial economics

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draw me an indifference curve where someone does not value integrity very much compared to income

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1. ### Managerial Economics

I need assistance with the following question: A researcher estimated that the price elasticity of demand for automobiles in the United States is -1.2, while the income elasticity of demand is 3.0. Next year, U.S. auto makers intend …
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6. ### Managerial Economics

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7. ### managerial economics

4. The equation for a demand curve has been estimated to be Q = 100 – 10P + 0.5Y where Q is quantity, P is price, and Y is income. Assume that P = 7 and Y = 50. a. Interpret the equation. b. What is price elasticity at P = 7 and …
8. ### Managerial Economic

The equation for a demand curve has been estimate to be Q = 100 - 10P + 0.5Y, where Q is quantity, P is price, and Y is income. Assume that p = 7 Y = 50. a. Interpret the equation b.At a price of 7, what is price elasticity?
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define the following terms using graphs and mathmatical expressions 1) utility 2)Util 3)Iso cost 4)Indifference curve 5)Budget line 6)Monoplist 7)Kiked demand curve 8)Social exploitation 9) Profit 10) Perfect competation market

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