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Presume that the economy has the following production function: Y/L = 8*(K/L) 0.5. Further suppose that s = 0.2, gL = 0.3, and δ = 0.1. What is the value of the steady state capital-to-labor ratio?
The costs of manufacturing steel declined substantially from building a conventional hot rolled steel mill down to new mini mill technology that need only scrap metal,
A formal statement that defines how an organization expects and requires employees to resolve ethical questions is a When a publicly traded firm is suspected of unethical or illegal behavior, the will conduct an investigation
1. suppose a consumers preferences are represented by the utility function u minx4y. the price of y is py 2 and the
How relevant are the factors listed in this chapter in affecting the difficulty of maintaining a cartel?
Find the Herfindahl index for the industry composed of a) three firms-one with the 70 percent of the market, and the other two with 20 and 10 percent of the market, respectively; b)one firm with a 50 percent share of the market and 10 other equalized..
Explain the authors opinion of economic cooperation between the u.s. and canada and information from the article that support explanation.
What number of drivers appears to be most efficient in terms of output per driver and what number of drivers appears to minimize the marginal cost of transportation assuming that all drivers are paid the same salary?
eight of contemporary marketing A case analysis states that snacking patterns have changed from 25 years ago to present day. The case analysis also states that eating habits are changing, in which people are now making smart choices rather than di..
joe browns dairy operates in a perfectly competitive marketplace. joes machinery costs 500 per day and is the only
What are procyclical industries? Countercyclical industries?
suppose your company has decided to use a divisional wacc approach to analyze projects. the firm currently has 2
Find one example in the article of any one of the following four possible shifts of supply or demand: Leftward shift of the supply curve; Rightward shift of the supply curve. Leftward shift of the demand curve; Rightward shift of the demand curve.
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