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John's annual accounting profit is $1750, he could earn $1,000 a year as a recycler of aluminum cans, however he prefers to pay $275/year to run the cafe rather than recyle, is the cafe making an economic profit?
Consider the following production functionY = F(K, L) = A[αKρ + (1 - α)Lρ]1ρ ,where K stands for capital and L for labor. (b) Find and expression for output per capita in terms of capital per capita.
Explain the so called fiscal cliff and expected impact for the State of Mississippi and Mississippi Delta and for the firms herein using the key words you may have learned.
a. Assuming that this firm has positive fixed costs, did the firm earn economic profits, economic losses, or zero economic profits yesterday? b. To maximize economic profits today, how many bricks should this firm produce today?
1. suppose that a nations production possibilities are as follows possibilitiesfood millions of tons per yeartractors
What are non-profitable organizations that work to improve the image, working conditions and skill levels of people in particular different occupations?
Imagine you are part of a strategic planning group at a large corporation that is considering developing a new proposed product. The marketing director has asked your team to do a competitive market analysis to determine the product's potential su..
As across many types of technologies that could be useful. However, I am unable to pinpoint one specific technology.
Elucidate the difference between the law of demand and the law of supply. What does the phrase 'other things equal" mean? Why do we need that.
Select one of the isses the workplace. You narrow the topic by a subtopic. Develop a paper that discusses the issue have chosen, subtopic if applicable, and how your topic has or is affecting the environment that you have been in are currently a p..
Assume the price of every old edition microeonomic book. Determine the values of B and T that maximize Sam's utility.
a. Find the consumers' PVLR b. Write the equation of the consumer's budget constraint(using the given numerical values) and graph the budget line. Suppose that the consumer's goal is to smooth consumption completely. That is, he wants to have the sa..
What is the effect of an increase in the quantity of money What is the difference between real variables and nominal variables Are these variables affected by the quantity of money If so, how
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