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Q. 10. HW 9 (MO) A rm that uses two inputs to produce output has production function 3x1/3 y 1/3 , where x is amount of input 1 and y is amount of input 2. price of output is 1 and prices of inputs are wx and wy . rm is constrained by government to use exactly 1000 units of input 1. How much of input 2 does it use? What is most that it is willing to bribe an inspector to allow it to use another unit of input 1? 11. HW 10 (MO): A rm that uses two inputs to produce output has production function 4x1/4 y 3/4 . price of output is 1 and price of each input is 1. rm is constrained to use exactly 1000 units of input x. How much of input y does it use? What is approximately maximum amount rm is willing to pay to be allowed to use e more units of input x, for e small?
A common marketing tactic among many liquor stores is to offer their clientele quantity or volume discounts.
Illustrate what are some examples of e-mail differences that causes frustration. Has the Weiner developed an effective comparison essay.
Illustrate what does this outcome reveal about the size of the multiplier
Coke also Pepsi have their market dominance for nearly a century. General Motors also Ford have been hard hit by competition.
The commercial banking industry in Canada is less competitive than the commercial banking industry in the united states
EXplain what is the short-run condition for the monopolist and what output changes would you recommend.
The fact that a percentage of the interest income paid by one corporation is excluded from taxable income has encouraged firms to use more debt financing relative to equity financing.
The zinc also copper monopolists every set a price, believing that the other monopolist will not change its price. Conclude the equilibrium price of brass.
Enlighten the budgetary challenges state governments would face if the economy were to go into a recession also the unemployment rate were to increase.
The short run price elasticity of demand for tires is 0.9. If an increase in the price of petroleum used in producing tires causes the marketplace.
Suppose that two UK government bonds have same face values with £100. One has an outstanding maturity of 2.5 years. Its coupon rate is 9.75% and coupons are paid semi-annually.
Illustrate what happens to wheat farmers and the market for wheat when university agronomists discovers a new wheta hybrid that is more productive than existing varieties? show graphically.
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