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If skilled machinists with advanced computer training and computer operated lathes are complements in production in high tech manufacturing but computer operated lathes are substitutes in production for machinists without computer training (unskilled), what will be the expected impact on employment of skilled and unskilled machinists of a technological invention that reduces the cost of computer operated lathes? (A lathe is a machine that makes metal parts in a manufacturing process.)
For every of the subsequent goods, indicate whether you expect demand to be inelastic or elastic also explain your reasoning
Suppose the country of Lilliput exported 263 billion dollars worth of goods while they imported 477 billion dollars worth of goods in the last calendar year. Calculate Lilliput\'s balance of trade:_____ billions of dollars.
The base year is 2009. Real GDP in 2009 was $10 trillion (2009 dollars). The GDP price index in 2009 was 112, and real GDP in 2013 was $11 trillion (2009 dollars). Calculate nominal GDP in 2009 and in 2013 and the percentage increase in nominal GDP f..
Describe the effects of decrease in the population growth rate on the golden rule quantity of capital per worker and on the golden rule savings rate.
Preparing to Conduct Business Research
The CPI for 2009 was 195 but i know that the imfataion rate couldn't habe been as high as95% in 2005". In your answer carefully explain what the value of CPI means.
1. explain why work done at home is not incorporated however housing services that are also done at home are
Illustrate what guesses survive iterated elimination of dominated strategies
As the number of explanatory variables in a regression increases, the R of the regression
Why is preference-based discrimination by employers easier to overcome than preference-based discrimination by employees? If arbitrage becomes extensive, a price-discriminating monopolist selling its patented drug in two markets will. Discrimination ..
What would the annual percentage rate be if the city plans to make an interest payment of $2 million - The City of Phoenix plans to buy five additional mass transit cars for $15 million, and pay off its loan in 10 years.
In my class Strategic Management, I want to know if anyone read the "Howard Schultz and Starbucks Coffee Company" case study in the textbook. Was Schultz's strategy a blue ocean strategy? A red ocean strategy? Elaborate on your decision.
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