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Q. A firm has the following production function, and it can hire as many workers as it wants at a wage of $100 per worker. Use this information to determine the marginal cost of output if the firm employs 3 or 4 workers, respectively
If society decides to use its resources fully and effciently (that is to produce on the PPF), then future generations will be worse off because they will not be able to use these resources." If this assertion is true, full employment of resources may not be a good thing. Comment on the validity of this assertion
Q. Suppose sellers of liquor are required to send $1.00 to the government for every bottle of liquor they sell. Further, suppose this tax causes the price paid by buyers of liquor to rise by $0.60 per bottle. Which of the following statements is correct?
Elucidate how much of the tax is borne by consumers also Elucidate how much by producers. Illustrate what is the new CS also PS.
a company that recently spent $10,000 to develop a statistical software package.
Analyze the reasons for and against the merger and assess the actual performance of the consolidated company against the pre-merger expectations.
ohn also Jeremy are utilitarian's. John believes to labor supply is highly elastic while Jeremy believes to labor supply is quite inelastic.
If the Federal Reserve adopts a restrictive monetary policy that leads to relatively high interest ratesin United States, what happens to the demand and supply of foreign currency and the dollar's exchange value.
Calculate the equilibrium buyers' also sellers' price with no sales tax also then with the 20% tax Supposed above.
Illustrate what is the expected return of the remaining portion of Peggy's portfolio.
If you were to emmigrate from earth, would you rather land and work in Thisuni or Nisuthi. Elucidate your reason based on the burden of tax paid by workers and firms.
The currency-deposit ratio has been and is likely to remain relatively stable. The ratio of non-transactions deposits to transactions deposits increased by a factor.
People are lured by the idea of 50 mile per gallon vehicles which still perform well also are willing to pay the high prices to get one.
Do you see our communities growing closer together or further apart. One page double spaced.
Would Boeing's margin likely rise or fall if the yen then depreciated as well as competitor prices were unchanged.
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