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Edward the entrepreneur takes 2 hours to cut a lawn and he cuts 100 lawns per year. He uses solar-powered equipment (truck and mower) that will last forever-and could be sold at any time for $20,000. Edward could earn $20 per hour as a pedicurist. The interest rate is 10 percent.
a. Given his current output level, his marginal cost is $__(enter your response to the nearest dollar)and his average cost is $_____(enter your response to the nearest dollar)
b. Suppose he decides to reduce the number of lawns cut by half, to 50 per year. His new marginal cost is $____(enter your response to the nearest dollar) and his new average cost is $____(enter your response to the nearest dollar).
An observer wants to estimate the height of a building. At herfirst measurement, the angle of elevation to the top of thebuilding is 45 degrees.
Create three Microsoft PowerPoint slides in which you summarize the following data, Include an evaluation of impact of past and current fiscal policies, monetary policies, budget deficits or surpluses on economy and on the airline industry industry.
Which one of the following statements is true? An open market __________ by the Fed increases the money supply, which leads to __________ interest rates and increased GDP
1. Describe three factors that help to influence our nation's focus on natural or man-made disasters. 2. Define Mitigation and Preparedness. Compare and contrast the ideas of each, and give examples to highlight your statements.
What is the meaning of "GDP measures the size of the pie but not how the pie is divided?" Why is so important? Do you have clear examples to illustrate it?
Compute the changes in inflation rates, unemployment rates and the RGDP growth rates.
Under Lists, click on "Global 2000 Leading Companies" to see the list of the world's largest firms. View the complete list. From the list, select two firms from two different industries and discuss the likely sources of the economies of scale that..
Spell out the types of policies also practices companies should develop if they want to keep their workers from unionizing.
Explain how many tonnes of wheat and how many tonnes of copper ingots will be produced if each country specializes.
Develop an essay discussing the fiscal and the monetary policies adopted and implemented by the federal during the Great Recession and their impacts on the U.S. economy.
Assuming the population is roughly symmetric construct a 95% confidence interval for the mean annual consumption of alcoholic beverages by European young women.
Why would firms in such an industry have little incentive to carry out technological change or much research and development.
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