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Q1. The law of comparative advantage states that a nation is better off when it produces goods also services for which it has the comparative advantage. Elucidate how is a comparative advantage obtained?
Q2. If a country has a working-age population of 200 million, 135 million people with jobs also 15 million people unemployed also seeking employment, then its labor force is:
Q3. The international parcel service has installed a new radio frequency identification system to help reduce the number of packages that are incorrectly delivered. The capital investment in the system is 65,000 also the projected annual
Assuming the policymakers do nothing, use the diagram below to show the effects of the consumer pessimism on aggregate demand.
A farmer has a production function f(L) where the input is capital (L). The cost of this loan is L(1+i). The farmer also has an outside option (loan from family member) which generates a profit of A.
Indicate two public policies that would be appropriate for addressing this situation. Explain their impact on your graph.
Elucidate what other types of variables should be considered when determining what is reasonable in terms of maintenance expense.
If there is no tariff, explain how much does customer pay for a pound of coffee. Illustrate what is the quantity demanded.
A group of investors is thinking about buying a ticket also sharing the proceeds if they win. The organizer offers the following deal.
Do vending machines conserve on any possessions other than labor. Does your answer offer any additional insight into the widespread utilize of vending machines in Japan.
If typographical errors occur andomly, about how many pagesin book have three typographical errors. What is the median number of typographical errors per page.
Compute the price elasticity also advertising elasticity. Interpret each one. Illustrate what is the predicted range of Demand for Sun workstations with 95 percent (%) confidence level.
Show graphically the effect on the supply and demand for Bonds in a deflationary period.
Assuming that your opportunity cost funds interest rate is 5% which refrigerator would you buy and why.
The United States can make certain toys with greater productive efficiency than can the China. Yet we import those toys from China.
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