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Q1. Jae's building a corporation which follows short-run cost function:
q3 - 10q2 + 36q.
a. Illustrate what is the level of output will minimize the average cost? What is the AC at this point?
b. Does the production process indicate diminishing returns? How can you tell?
Q2. Explain the three types of unemployment. Illustrate types of government programs would be most effective in combating each type of unemployment?
Q3. Why is important that welfare programs are "means tested?"
Illustrate would be its profit-maximizing cost if the company were to build the bridge.
Explain why the different definitions are important also explain the different procedures of the money supply.
General Cereals is using a regression model to estimate the demand as well as for Twee tie Sweeties, a whistle-shaped, sugar coated breakfast cereal for children.
Substantive responses use theory, research, and experience or examples to support ideas and further the class knowledge on the discussion topic.
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed. What are the different price points.
If instead the Fed wants to stabilize aggregate demand, how should it change the money supply..
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
In economic terms, when the wage rate increases we sometimes see the number of hours worked by individuals decrease now.
Could Boeing's margin probable rise or else fall if yen then depreciated as well as competitor prices were unchanged.
Considering companies operate in their own self interest, should cartels be legal.
Write down an expression for the profit GBC will make if it uses L units of labor at $1 an hour and sells the resulting output of cookies at $p a cookie.
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