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How do you use the cost minimization factor come up with $16 for the price of land for the below question: You run a small farm. You employ workers, you rent land and you rent capital in order to grow the produce. If marginal product per dollar of capital is $2, the marginal product of labor is $20, the price of labor $10, and the marginal product of land is $32.
How would your answer to Part A change if economic growth is average and Petal Providers' net profit margin is 7 percent?
Elucidate how has the number of payroll jobs changed over the last 3 months and over last year in Antigua and Barbuda.
The affordable care act made important changes to the law of government programs and to the law of fraud and abuse. Please explain what changes were made and what programs this involved specifically.
Illustrate what is approximately the maximum amount the rm is willing to pay to be allowed to use e more units of input x, for e small
A secondary reason for a government to impose a tariff is to:
If this price floor is implemented, how many units of pork will the government are forced to buy to keep the price at $2.25.
Elucidate how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves.
Suppose that firm A and firm B can form a joint venture to pursue either or both of their R&D programs.
Given economic conditions today, do you suggest expansionary fiscal policy or contractionary fiscal policy. Illustrate what effect would your suggestions have on production and employment.
You will make 10 end-of-year deposits of $1000 to a savings account. Then for the next 5 years no more deposits will be made. At the end of the next 15 years the savings account will have $20000. Calculate the rate of return for this savings account...
How would you explain to either the president or the CEO that he or she is wrong?
Is the natural rate of unemployment fixed? Why or why not? How are full employment and the natural rate of unemployment related?
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