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Would the following events usually lead to capital deepening? Why or why not?
1) A weak economy in which businesses become reluctant to make long-term investments in physical capital.
2) A rise in international trade.
3) A trend in which many more adults participate in continuing education courses through their employers and at colleges and universities.
American smoke 470 billion cigarettes and the average price per pack was $2. If the price elasticity of demand is -0.4 and price elasticity of supply is 0.5, compute the demand and supply linear equation.
If average fixed cost equals 40 and average total cost equal 100 when output is 10 then total variable cost when output is 10 must be?
Suppose you are the manager of a home-building company and the government is considering eliminating the deduct-ability of mortgage interest payments. A Typical consumer's marginal tax rate is 25% and the elasticity of demand for new homes is -1.5..
The Good’n’Fresh Grocery Store has 2 checkout lanes and 4 employees. Employees are equally skilled, and all are able to either operate a register (checkers) or bag groceries (baggers). The store owner assigns one checker and one bagger to each lane. ..
A project scope statement is used to define the end result of a project. Its purpose is to define as clearly as possible what the project will deliver to the customer. What questions should the scope statement answer?
sketch a production indifference curve indicating that CCC can produce no more than 1,000 containers with this expenditure.
q. the owners of a small manufacturing concern have hired a manager to run the company with the expectation that he
How might efficiency wages contribute to downward wage inflexibility, at least for a time, when aggregate demand declines.
By specializing in the production of one good, a company is able to benefit from economies of scale which increases its revenue. Which of the following is an attribute of specialization?
Estimate the owner's decision to start Sound Devices. Are any of the above costs likely to be one-time costs? If so, how would this affect your answers. Explain.
What is brand loyalty? Name three products each for which you have (a) high brand loyalty and (b) low brand loyalty and explain why for each of the six products.
what is the average product of capital and labor? what is the cost minimization choice of capital and labor if the firm decides to produce 144 units of output?
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