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Cobb douglass production function,
a) What does it mean that marginal product of capital is decreasing? Show the marginal products are diminishing in the cobb-douglas case.
b) Determination of steady state capital per worker consider the steady state capital per worker k*, how is k* affected by the following? (a) Increase in savings rate (b) Increase in Technology (c) Increase in depreciation (d) Increase in population rate
Why does Apple tightly hold on to the development of iOS but outsources some of the design and all the manufacturing of iPhone handsets?
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.
Identify also Talk about an industry or a marketplace segment companies were the "wrong" size for the long term.
Please plot the following aggregate demand curves from the following equations: Please plot both curves to scale.
Clarifying resource demand as well as differs from those determinant product demand.
During a war the government puts pressure on producers for heavy equipment, supplies, and services, making each more important.
Illustrate what is the constant term if the equation for the demand curve is written in the form.
As a second alternative, Mrs. Siegal can take pain killers. Each pill costs 50 cents also Mrs. Siegal needs to take 30 pills every month.
A perfectly competitive painted necktie industry has a large number of potential entrants. Each firm has an identical cost structure such that long-run average cost is minimized at an output of 20 units (qi = 20). What is the industry's long-run supp..
Suppose its GDP grows by 1% in the next year and the budget deficit is again $100 billion. Compute its new level of national debt and its new debt-GDP ratio.
The production function. Y=K^5 (AN)^.5 , where both the population and the pool of labor are growing by rate n=.07, the capital stock is deprecciating at a rate of d= .03, and A is normalized to 1. What are the capital's and labor's shares of income...
Write an algebraic formula that gives Mr. Midas' demand for money as a function of bond and chequing account interest rates.
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