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Q1. Suppose that businesses buy a total of $100 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. If households receive $60 billion in wages, $10 billion in rent, and $20 billion in interest explain how much are households paid for providing entrepreneurial ability?
Q2. What is the total surplus if from Carlos, Bob buys a unit, if from Courtney, Barb buys a unit, if Bob buys a unit from Chad? If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved?
The discount rate for the stock is 15% and the rate of return on reinvested earnings is also 15%
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
If a firm is losses money, it might be enhanced to stay in business in the short run. Is this statement ever true.
Suppose a duopoly and let demand be specified by P=A-BQ. In accumulation both firms have same marginal cost c. Interaction between the two firms will be frequent infinite.
What is the function, as well as what are the main ingredients as well as connections within the policy planning network doing off describes.
Calculate the marginal cost function. What is Chill man's profit-maximizing cost as well as output combination.
Which of these same curve would shift as a result of the per-burger tax. Curves average fixed cost,marginal cost would shift as a result.
Consider what you have learned about the root causes, as identified by leading economic thinkers and policymakers.
Compare and contrast the Nielsen rating or a given episode on a TV series with the comments posted about the same show on TOP.
These options also sell for $3 each. Strategy C is to establish a zero-cost collar by writing the January calls and buying the January puts.
Clarke's workers are highly skilled artisans with a great deal of job mobility. What impact would the wage increase have upon the firm's employment.
A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.
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