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Technical
Suppose that actual output is $120 billion and potential (full-employment) output is $156 billion. What is an output gap in this hypothetical economy? Based on your estimate of the output gap, would you expect the unemployment level to be higher or lower than usual?
Wilpen Corporation, a price setting company, manufactures nearly 80% of all tennis balls purchased in the US. Wilpen estimates the US demand for its tennis balls by using the following linear specification:
Asecurity analyst specializing in the stocks of the motion picture industry wishes to examine the relation between the number of movie theater tickets sold in December and the annual level of earnings in the motion picture industry.
find the diagonal and off-diagonal elements of b 2- find the transpose b' 3- show that the transpose of b' equal b that is (b')'=b
Evaluate Eskoms products in terms of the availability of close substitutes
where quantity demanded is measured in thousands of tickets per week.Suppose the theater currently charges $6 per ticket, but is consider raising their prices to increase revenue.would you recommend that they raise prices
Monopoly manager has the demand and cost functiones as P=200-2Q and C(q)=2000+3Q2 1- calculate the maximum profits 2- what price-quantity combination maximizes the profits 3- at the profit-maximizing price-quantity combination, what is the demand ela..
How should the food be allocated if they want to maximise their use/utility If person no. 2 needs a utilitylevel of at least 5 to survive, how should the food be allocated if they still want to maximise their use, without letting person no. 2 die.
Vary the number of hidden units in the network, from 1 up to 10, and determine the minimum number needed to perform well for this task.
The Charlotte Bobcats, a professional basketball team, has been offered the opportunity to purchase the contract of an aging superstar basketball player from another team. The general manager of the Bobcats wants to analyze the offer as a capital ..
An investor bought 100 shares of Omega common stock for $9000. He held the stock for 9 years. For the first 4 years he received annual end-of-year dividends of $800. For the next 4 years he received annual dividends of $400.
Consider an economy with two separate regions: A and B. There are 100 million workers in total who supply their labor inelastically. The demand for labor (in millions) in region A is EA = ??100 - 15 wA and in region B it is EB= 100 - 15 wB.
A firm uses capital and labor to produce output according to the production function q = 4pKL, for which MPL = 2 p K=L and MPK = 2 p L=K. a. If the wage w = $4 and the rental rate of capital r = $1, what is the least expensive way to produce 16 unit..
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