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Show as a corrective subsidy college students will increase the market price of education. Show the possible net gain in welfare from the subsidy and the amount of income tax required to finance their costs on a graph.
spreadsheet 2. an individual is considering two investment projects. project a will return a zero profit if conditions
What is the multiplier?
At what number of workers will you first experience diminishing returns? At what level of employment will total output be maximized with this plant size?
the following represents the potential outcomes of your first salary negotiation after graduationassuming this is a
Through a five year period, the ticket sales for the football team have increased 45 percent whereas the average ticket prices have increased by 70 percent. Do these changes imply an upward sloping demand curve? Describe
this is about unemployment rates during the depression. if it started at 1.8 then raised to 25.2 what percent would
lightweight personal locator beacons are now available to hikers that make it easier for the forest services rescue
TECHNICAL PROBLEMS
Consider a firm with production function Q = 2.2K 0.45 L0.4. Assume P, w, r and fixed cost FC are 200, 100, 150, and 200, respectively. Determine the firm's profit maximizing level of output, employment of resources, and total profit.
Suppose that in response to a foreign crisis, the goverment increases defenst spending to $50 billion. How would the increase in defense spending affect the economy How would the effects differ depending on the size and sign of the output gap when..
Using the given table, find out the quantity where MC = ATC. Find out the quantity where ATC is at its minimum. Find out the quantity that is the most efficient operating point for the firm.
A perfectly competitive industry has an inverse demand for its output given by p Q = ? 100 , and its supply function is given by MC Q = + 30 . The process of making Q also generates pollution, g, in the amount g Q = ? 0.5, and the total external cost..
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