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Using the rule of 70, if a person lived to be 70 years old in a country with an average annual growth rate in real GDP per capita of 2 percent, the average income during this person's lifetime would increase by approximate
what price will the firm charge to maximize its profits? what are total profits? Would a 50% tax on profits alter the firms output? by what amount and why?
firms marginal cost curve crosses marginal revenue curve at an output level of 1,000 unit. What is firms current profit. What is likely to occur in this market and why.
Suppose the economy's production function is Y = A(300N – N^2). The marginal product of labor is MPN = A(300 - 2N). Suppose that A = 10. The supply of labor is NS = 0.05w + 0.005G. If G is 26,000, what are the real wage, employment, and output?
Graph the demand curve, and give some verbal interpretation. Compute the intercept and slope of the demand curve.
Graph the supply and demand curves. Please identify the x and y axis properly, the Price and quantity intercepts and equilibriumraph the supply and demand curves. Please identify the x and y axis properly, the Price and quantity intercepts and equili..
If interest is compounded at 15% per year, how long (i.e., the number of year-long periods) will it take for $50,000 to accumulate to $66,125? Hint: you can check your work using the FV function in Excel with the annual payment set to zero, since we ..
a driver faces a 5 probability that his car will be in an accident and will be worth nothing. consider three drivers
Which of the following is often not a disadvantage of decentralization?
Elucidate the correlation between this increases also labor participation rates by gender over the same period
If we assume that the required reserve ratio is 10%, please provide a detailed write-up of what actions could (should) the bank manager take if there is an unexpected deposit outflow of $50 million?
Why did the Luisiana Court of Appeals concslude that the courts of that state did not have the right to exercise personal jurisdiction in "Ronald A. Swoboda v. Hero Decks, A Division of Parody Productions, LLC" case?
A social scientist claims that the average adult watches less than 26 hours of television per week.
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