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Why are expectations concerning changes in the exchange rate important? How do relative rates of inflation affect those expectations?
Determine the optimal number of workers to be employed
You also have a marginal printing cost of $.25 per paper as well as a marginal delivery cost of $.10 per paper. If sales fall by 20 percent from 1 million papers to 800,000 per month, what happens to the AFC, per paper, the MC per paper
Country A has 1500 units of labor and can produce two goods, manufactures and food. A's producers take 5 units of labor to produce one unit of manufactures and 6 units to produce one unit of food. Country B has 1800 units of labor and takes 3 unit..
A firm that produces houses has a total costs function given by the following: TC = 144 + 4Q2. If the industry in which this firm operates is perfectly competitive, in the long run competitive equilibrium the number of houses the firm will produce..
Show that when there is dynamic inefficiency, it is possible to construct an unfunded social security system that creates a Pareto improvement relative to the competitive allocation.
A business magazine is available for $58 for 1 year, $108 for 2 years, $153 for 3 years, or $230 for 5 years. Assume you will read the magazine for at least the next 5 years. For what interest rates do you prefer each payment plan
Suppose the typical Florida resident has wealth of $500,000, of which his or her home is worth $100,000. Unfortunately Florida is infamous for it hurricanes, and it is believe there is a 10 chance of a hurricane that could totally destroy a house ..
a cnc machine was purchased for 120000 and has a five-year depreciable life. the shipping and handling cost were 15000.
Suppose that for the firm below, the goods market is perfectly competitive. The market price of the product the firm produces is $4 at each quantity supplied by the firm. What is the amount of labor that this profit-maximizing firm will hire
How much money will you choose to spend on fireworks, and how much on beer (Since more of everything is better, your budget constraint will hold with equality, or f + b = 50; one way to solve this, then, is to plug in 50 - f for b, and find the va..
Suppose the price of Labor is $50 a day and the price of capital is $100 per day. Draw the iso-cost curve if the firm chooses to spend $10,000 a day. Add an isoquant tangent to the iso-cost at 120 units of labor.
What is the relationship between the marginal cost and the average variable and average total costs You may fill in all the appropriate numbers and draw a graph with MC, TVC, AVC, TC, ATC, TFC, and AFC
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