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Online production function is lnQ = 7.73 + 0.75lnK + lnL
a) Convert the production function into its normal form.
b) What is the MRTS, if price of labour is $120 and the price of capital is $200?
Elucidate how Illustrate what the balance sheet will look like (comparison to above) if Brimstone declares a 10% stock dividend.
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
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Oligopolies are always bad for society. The beer industry has a few large firms and many small firms; therefore we would not call it an oligopoly.
Suppose you are the manager of a home-building company and the government is considering eliminating the deduct-ability of mortgage payments interest.
What is the expected impact of fall the business confidence. Explain with suitable diagram. Will monetary policy help to increase the investment by private sector in the presence of fall in the business policy.
Why might leasing a new Porsche be good investment for an aspiring Hollywood film producer, even though, he can't easily afford the monthly payments.
Compute the coefficient of variation for each project and Classify the preferred project according to this criterion.
Illustrate what is your suggested mix of pricing also non-pricing strategies
Illustrate what is the efficient price of water. Illustrate what are the quantities of water allocated to agricultural also industrial use.
Discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a better investment opportunity for some people.
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