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A worker making 20$ per hour decides to take unpaid leave from work to attend a graduation ceremony. Assuming the worker works an 8 hour day has a total tax rate of 70% and receives a 5% contribution from his employer to his 401k, what is the worker's total opportunity cost?
At the same time some internet trades such as grocery home deliveries have continually suffered steep losses regardless of scale.
Elucidate how that a profit-maximizing bundle will typically not exist for a technology that exhibits increasing returns to scale
Assume that the pool of utilized textbooks grows further during the second year of the latest edition
Suppose each government has a target level of output of 125 and that each government increases government spending by the same amount.
The Wall Street Journal's experience after it increased its price to 75 cents. Illustrate what implicit assumptions are the publisher and the analyst making about price elasticity.
Complete the following table by indicating whether an event will cause a movement along the demand curve for cereal or a shift of the demand curve for cereal, holding all else constant. A decrease in the price of cereal (Movement Along or Shift ?) A ..
q.suppose that one country subsidizes its exports and the other country imposes a countervailing tariff that offsets
Assume an economy where there are two producers: a wheat producer and a bread producer. In a given year, the wheat producer grows 30 million bushels of wheat of which 25 million bushels are sold to the bread producer at $ 3 per bushel, and 5 million ..
q1. suppose that businesses buy a total of 170 billion of the four resources labor land capital and entrepreneurial
In a capitalistic economy:
Compare the two cases and summarize the effect of collateralization on the other terms of the loan. Does it increase or decrease the welfare of the borrower and the lender.
q1. firm abc measured its mp of labor curve to be the followingmp 4000 - 2l where l is the number of hours of labor
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