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Suppose the firm is operating in a high-wage country, where capital cost is $100 per unit per day and labor cost is $80 per worker per day. For each level of output, which technology is cheapest?
Elucidate what will be the price of your jersey in Los Angeles and what will be the price in Brooklyn. What will be your total profits.
Illustrate what happens to aggregate output and the price level in each case.
Elucidate how on your diagram also calculate the profit maximizing output also price. Calculate the consumer surplus at the profit maximizing price also quantity.
By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP
Illustrate what are the factors that will allow them to increase their added value in this type of competitive environment.
Total hours worked, and average labor productivity all are procyclical. Which variable, output or total hours worked, increases by a larger percentage in expansions falls by a larger percentage in recessions.
Explain how much shelter can she buy if she purchases 2 units of food.
Suppose the US government places a ceiling on the price of internet access also a black market for Internet providers arises, with internet providers developing hidden connections.
Studies Explain how among which of the delivery curve bananas have shifted. All of the subsequent could be possible explanations for the shift except one. Which is the exemption.
Illustrate what would be the new equilibrium price of hoods to the truck manufacturer.
Substantive responses use theory, research, and experience or examples to support ideas and further the class knowledge on the discussion topic.
Anna spent two thirds of her instance sewing dresses, and the other third of her time doing administrative work. Prepare Balance Sheet for Manning Style.
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