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cricket20 [7]
2 years ago
12

Why does the US import so much from china?

Business
2 answers:
Zinaida [17]2 years ago
7 0

Answer

almost all factors are in china

Explanation:

bekas [8.4K]2 years ago
4 0
Almost all factors are in China
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The fact that the price of diamonds is higher than the price of water:
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Behavioral economics studies the impact of cognitive, psychological, cultural, emotional and social factors on individuals economic decisions. Behavioral economics is concerned with the extent of rationality of individuals, firms and governments. The study includes how market choices are made and the components that propel public choices.

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3 years ago
Consider a city of 200 people (100 rich and 100 poor) and two neighborhoods (100 people in each). Both groups generally prefer t
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Explanation:

Step 1. Given information.

  • City of 200 people
  • 100 rich, 100 poor.

Step 2. Formulas needed to solve the exercise.

  • P(poor) = 0.9x^2
  • P(rich)= 35x-0.1x^2

Step 3. Calculation and step 4. Solution.

P(poor) = p (rich)

0.9x2 = 35x - 0.1x2

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x is the percentage of rich above 50%, thus there are 35% rich people above 50%.

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The equilibrium premium is $1,102.5

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3 years ago
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