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If the price of capital is $24, the price of labor is $15, and the marginal product of capital is 16. Using the above information, answer the following showing all the steps you made to get a final answer.
a- The least costly combination of capital and labor requires that the marginal product of labor be ________.?
b- At the least cost point in a, the slope of the isocost line will be______ ?
Assume that the interest rate in Irish banks is 5 percent for a one year CD. In the United States, the rate is 2 percent for a one year CD.
You realize that there is a link between market strategy and organizational structure so it is time to do more research! See at 3-very different global firms, estimate their organizational structure
"From 1950 to 2000, manufacturing employment as a percentage of total employment in the US economy fell from 28% to 13%. At the same time, manufacturing output experienced slightly more rapid growth than hte overall economy.
Which of these countries besides Nicaragua (give at least ten) which have a crawling system and what are the reasons for these countries using the crawling peg?
housing prices have decreased, many homeowners have lost their homes because they are unable to pay the increasing mortgage costs of their variable rate home loans, more houses came on the market, fewer people could qualify for a home loan because..
Find the adjuste balance due at maturity for a 90 day note of $12,000 at 13.9% ordinary interest if a partial payment of $6000 is made on the 60th day of the loan
"The theory of the second best leaves welfare economists 'high and dry' since not only does it abolish the established objectives of first-best situations,
What is happening to the value of the U.S. dollar these days What causes the value of the U.S. dollar to rise or fall Who demands U.S. dollar Who supplies U.S. dollar When we purchase German products, does our demand for euro go up or down
In the US health insurance reform of 2010, every individual is entitled to get an insurance contract with government subsidy if it is not profitable for the private companies, What will be the consequences for the insurance market and possible ref..
Critically evaluate the rules and institutions of the Bretton Woods system. What lessons do these features provide for Economic and Monetary Union policymakers?
All major nations had their currencies set at a fixed exchange rate with the American dollar, but the dollar was the only currency convertible into gold. Nixon's unilateral decision brought instability to the international monetary system from 197..
The US was founded on ideals of justice and equality. The Declaration of Independence proclaimed that all men are developed equal, yet individuals such as African Americans and women were not afforded this equality.
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