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Consider the model of innovation and technology diffusion with two countries:
a) Analyze graphically the effect of a reduction in the proportion of labour employed in the research sector in the follower country on the technology ratio and on the rate of technological progress in the follower country at the new steady-state. Explain briefly.
b) Represent graphically the evolution of production per worker in the follower country during the transition towards the new steady-state. Explain briefly.
c) What will be the impact of this change for the cost of imitation, or technology adoption, in the follower country. Explain briefly.
The supply of Beetles is elastic. Based on this information, are the following statements true or false? Explain your reasoning. A 10% increase in the price of a Beetle will reduce the quantity demanded by 20%. An increase in consumer income will inc..
q1. a companys cash sales for the month are 200000 and its accounts receivable payments for the month are 100000. what
q1. which of the following is not a possible explanation as to why wage inequality increased markedly over the last 40
Illustrate what is the marginal cost of a string. Calculate marginal revenue and marginal cost for each quantity.
We have a bond issue currently outstanding that has 25 years left to maturity.the coupon rate is 9% and coupon are paid semi annually.the bond is currently selling for $908.72 per $1000 bond what is the cost of debt
Richard Pawlus was an owner of Dutch City Wood Products, Inc., which did business as “Dutch City Marketing”. Pawlus purchased merchandise from Rothschild Sun systems from April 24 to June 24 using the designation “Richard Pawlus Dutch City Marketing”..
The risk of failure is an inherent part of free enterprise. Does society have an obligation to come to the aid of entrepreneurs who try but fail? Why or why not? Also, please discuss some ways you can minimize your risk.
Illustrate that this is an indirect or a direct rate. If the forward rate is an accurate predictor of replacement rates.
Could the oligopoly market structure benefit both consumers and businesses by forging common standards in industries that experience rapid technological change.
Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine. The company could keep it in inventory for possible future product and estimates that the reservation price – the v..
Explicate why the government expenditure multiplier is different from the tax multiplier.
Which of the following would occur if the federal government decided to use a budget surplus to reduce the existing debt.
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