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Cite the source(s) used to answer this question. Provide the source(s) below your response and apply APA guidelines for references. 1) is money a resource? Is money capital? 2) are stockholders entrepreneurs? Are inventors entrepreneurs? 3) Can you think of a nonmonetary situation in which you compared the marginal costs and benefits? 4) can you provide an example in which both monetary and non-monetary marginal costs and marginal benefits factored into your decision? Please be specific and remember to clearly apply the concepts of "marginal benefit" and "marginal cost. 5) what do we mean by an increase in demand?
Why the government wants to keep the price athigher level i.e. to $5.50 when there is decline in export demand. Will it effect on the quantity demanded or quantity supplied equation and curve and how much
The private marginal cost of producing steel isMC = 5Q + 40, while the external marginal cost of producing steel is $12. In a perfectly competitive steel industry, the deadweight loss is:
Also ask them to guess how many reported pollution releases from U.S. offshore drilling platforms occured in 2008. Record your results and comment on how well informed your survey respondents are.
The marginal cost of educating a college student is $5,000 a year. Table 3 shows the marginal benefit schedule from a college education. The marginal external benefit from a college education is a constant $2,000 per student per year. There are no..
Find the book value at the end of 2 years using straight-line depreciation, the book value at the end of 2 years using sum of the years digits depreciation, and the book value at the end of 2 years using modified accelerated cost recovery system d..
Determine strategies that a company might use to develop product differentiation and market segmentation. What alternative non-pricing strategies are available? What alternative non-pricing strategies can be used to increase barriers to entry?
Calculate the profit maximizing price and quantity in each market.
Suppose the marginal benefit of writing a contract is $100, independent of its length. Find the optimal contract length when the marginal cost of writing a contract of length L is: a. MC(L) = 30 + 4L. b. MC(L) = 40 + 5L.
Show that output per worker increases in the long run when the savings rate increases or when the population growth rate decreases. Check if these two predictions are consistent with the data.
In an important study of college graduation rates of all high school matriculants and Black-only matriculants, Bowen and Bok obtained the results in Table 15.19, based on the logit model.
Indicate the deadweight loss created by the positive externality as an area on your graph, and calculate its value. (Hint: You'll need to determine how much external marginal benefit the very last unit of output created when drive-ins were private..
The GDP of any country can be divided into two kinds of goods: capital goods and consumption goods. The proportion of national output devoted to capital goods determines, to some extent, the nation's growth rate.
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