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List reasons why California can be sustainably governed for the near-future effectively. List reasons why this is unlikely to be the case and why. That is, why California is impossible to govern and will become an increasingly unstable and unsustainable state. After that, explain which of these positions is most persuasive to you and why.
Suppose the two newspapers merge. Illustrate what is the likely post- merger bargaining outcome.
If consumption and government purchases go up, what happens to GDP in the long run. Show this graphically.
q1. beer n pizza is complements because they are often enjoyed together. when the price of beer rises what happens to
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.
what right have we to burden our children and grandchildren with these debts while we live high on the hog. Discuss this
What would you say are the advantages and disadvantages of electronic communication? For example, hardly anyone faxes any more, we email. Do you feel texting is the next evolution for business communication? Or, is there something else? How do you ta..
Brenda owns a construction company that employs bricklayers and other skilled tradesmen. Her firm’s MRP for bricklayers is $22.25 per hour for each of the first seven bricklayers, $18.50 for an eighth bricklayer, and $17.75 for a ninth bricklayer. Gi..
Which mathematical form of model (linear, semi-log or double log) would be appropriate for estimating each of the following? The rate of return from holding a bottle of wine for a year. The price elasticity of demand for squirrel fur.
Consider a supply and demand model of the wholesale gasoline market. If a tropical storm forces some refineries to temporarily withdraw from the market, what curve shifts and in which direction?
Find the Following: Average Product of Capital, Average Product of Labor, Marginal Product of Capital, and Marginal Product of Labor. Given: Q = 10 K^0.3 L^0.7.
VML Industries has need of specialized yarn manufacturing equipment for operations over the next 3 years. The firm could buy the machinery for $95,000 and depreciate it using MACRS (this is a 7-year property). Annual maintenance would be $7500, and i..
Contingency Plan 1 is a new process introduced by an international health team that guarantees the removal of pathogenic microorganisms in the town’s water system. Evidence has revealed that Contingency Plan 1 will lower the influenza rate to four ne..
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