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1. Why are economists concerned with economic growth?
2. How is capital deepening related to savings?
3. Why is there a limit to capital deepening?
4. What roll does government play in economic growth?
5. Why might education, foreign aid, infusion of new machinery, and efforts to stem population growth not imroved the standard of living in a lot of developing countries?
How many units of phosphorus will these two firms emit if the phosphorus emissions are left unregulated? What is the socially optimal level of phosphorus emissions in the river?
For which types of business organization is unlimited liability going to apply to - a sole proprietorship, a partnership or a corporation? Now explain out of those business organizations, for which one will unlimited liability be the greatest prob..
Determine the least cost size and number of the milk processing plant using the equation and Derive the marginal cost for the two products 1&2 and show that it is a constant.
Assume you ran the only bakery in town. Further suppose that it was currently very profitable. A. What things might you consider if you wanted to ensure that you continued to enjoy the same success in the future?
What policy did the Fed and other central banks around the world use to try to stabilize the economy during the financial crisis ?
Does this production function exhibit constant, increasing, or decreasing returns to scale and find the marginal product of each factor and the marginal rate of technical substitution.
Your manager comes in with three sets of proposals for a new production process. Each process employs three inputs: land, labor, and capital.
Assume that the competitive firm's marginal cost of producing output q is given by MC(q)=3+2q. Suppose that the market price of the firm's product is $9. Find out level of output will the firm produce?
Identify the extent of safety issues in Canadian hospital care. Describe strategies that might be put in place to improve safety?
During the country's current economic malaise, along with that of our local economy, what can individuals and businesses do to help get by financially, get a job, or promote economic activity?
If the average shooter aims at someone, he will hit them half of the time. If the drunk aims at someone, then he will hit them only ten percent of the time. Once someone is hit, they are out of the game, with the winner being whoever is the last r..
Calculate point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points?
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