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What are the two primary factors that influence a firm manager's choice between a labor intensive and a capital intensive method of production? Explain how a manager should make his or her choice in selecting the amounts of labor and capital to use in ploanning production.
The government uses policies like student loans and free trade to influence economy's incremental rate.
Suppose that a fall in consumer spending causes a recession. a. Illustrate the changes in the economy using both an aggregate-supply/aggregate-demand diagram and a Phillips-curve diagram
Will sales of whiskey increase or decrease also by what percentage amount.
The Economics in Practice describes the increase in food prices around the world in 2008. Since food, in large measure, affects the real income of households, increasing prices will eventually push up wages and have an impact on the aggregate supp..
Compute the price of the stock. A stock has a P/Sales ratio of 3. Sales per share is $16. Find the price of the stock.
A collateral bond with a face value of $5,000 was purchased by an investor for $4,100. The bond was due in 11 years, and it had a bond interest rate of 4% per year, payable semi-annually. If the investor kept the bond to maturity, what rate of ret..
Find the values of K and L which minmise Total input costs if production quota is 1625.Calculate the minimum total production cost
A depreciation of a countrys currency is likely to:a. leave GDP unaffected because it would cause an equal changein imports and exportsb. increase its GDPc. decrease its GDPd. increase consumption, but
most wild asian tigers are the common property of the humans and governments that control the land they inhabit. why does this pose a significiant problem for maintaining the wild tiger population in the future
Once you have shown that on your graph, you must state what happened to equilibrium price and quantity. Now remember, when demand and supply change, you will not be able to determine either the direction of price or quantity.
Consider the equation: Y= C(Y-T) + I + G a. Calculate the total differential for this equation. b. Holding I and G constant, derive an expression for the tax multiplier (dY/dT)
People of different age groups and situations take advantage of part time employment opportunities provided through the fast food industry.
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