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A certain manufacturer can produce f(x, y) = 10(6^(x^3) + y^2 ) units of goods by utilizing x units of labor and y units of capital. Which of the following gives the marginal productivity of labor when x = 10 and y = 20 ?
we want to take a random sample of four accounts in order to learn about the population. How many different random samples of four accounts are possible?
q1. what are the advantages and disadvantages of austerity?q2. leadbelly co. sells pencils in a perfectly competitive
Discuss the role of risk and return in the pharmaceutical industry. In the U.S. health expenditures on drugs amount to about 10% of total health expenditures. In Japan, where physicians are legally permitted to sell pharmaceuticals, national expendit..
Assume that the consumption schedule for a private open economy is such that consumption C = 20 + 0.80Y. Assume further that planned investment Ig and net exports Xn are independent of the level of real GDP and constant at Ig = 40, G =20 and Xn = 10...
Identify a type of market structure in which a minimum wage law or labor union would help entry-level workers, then explain why it would help them.
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your “No Haggle” sales policy. Last year, your dealership earned record profits of $1.3 million. What price should you charge for a midsized automo..
Because high production-changeover time and costs, a director of manufacturing must convince management that a proposed manufacturing method reduces costs before the new method can be implemented. A research study will measure the cost of the new met..
List and discuss the five important labor market trends How do these trends either support or qualify the proposition that increasing labor productivity leads to higher standards of living? Real wages have gone up rather steadily for decades allowing..
What decisions related to expatriates can organizations take to maximize the benefits to the company despite the ongoing economic recession? Do you think a company that paid more careful attention to selection could further boost their chances of suc..
Equilibrium in our graph of AD and SRAS occurs where AD = SRAS. Unless otherwise specified, we assume that the economy rapidly moves to equilibrium. What ensures that the economy is in equilibrium?
Assume that a Pfizer has a linear demand curve for Lipitor, a constant marginal cost curve (i.e. the marginal cost is a constant), and is a monopolist in this market.
Eating fresh fruits and vegetables is an example. National defence is an example. Influenza vaccination is an example of a....
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