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Consider the following production function f(k,l) = k^1/3 + l^1/3
Suppose the government taxes labor at by an amount t per unit of labor. Rewrite the long run cost function including the tax.
q.the total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as
Jon consumes only two goods: coffee and donuts. When the price of coffee falls, he buys the same amount of donuts and more coffee. Draw a indifference curve and Budget line diagram to illustrate Bob's pattern of consumption. What does this tell us ab..
Suppose the Fedral Reserve lowers the gap between the discount rate and the federal funds rate to 0.5 percentage points. graphically illustrate this policy using the federal funds market and conclude what effect, if any, this will have on the economy..
Discuss which key concepts and topics in this course have made you a stronger candidate to enter the business world.
All else equal, in an open economy, how would an increase in the marginal propensity to import (MPI) affect the government purchases multiplier?
Explain how many tickets would the team be able to sell (ignoring capacity constraints) if it behaved competitively and set p = MC. Explain hHow many tickets would it sell -and at what price - if it behaved like a monopoly.
Using a supply and demand diagram and a "tax wedge," show whether the buyers or the sellers will bear the bigger burden of a soda tax. Please actualy draw the supply and demand diagram for a full rating!
How would your productivity in completing coursework be measured? Has your productivity changed since you began college? What caused the productivity changes? How could you increase productivity further?
How much profit does an unregulated monopolist earn? How much profit would be earned if MC pricing were imposed?
Write an essay about 300-400 words about Gross Domestic Product: analysis of Viet Nam economy's GDP composition and growth over time, as well as an investigation of the country's basis for income generation and any and all constraints to growth
Explain the effects of monetary policies on the economy's production also employment
Identify a company in your local area that you would classify as a monopoly. Explain why you classified the company as a monopoly, and state how the company relates to at least two characteristics of that particular market.
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