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There are 300 purely competitive farms in the local dairy market. Of the 300 dairy farms, 298 have a cost structure that generates profits of $24 for every $300 invested What is their percentage rate of return?
The other two dairies have a cost sturcture that generates profits of $22 for every $200 invested. Will the chnage in the number of firms affect the two that earn $22 for $200 invested?
What will be the rate of return earned by most firms in the industry in long-run equillibrium?
If firms can copy each other's technology, what will be the rate of return eventually by all firms?
Find the marginal rate of substitution for both individuals and is the initial allocation pareto efficient
Do you think the overall level of R&D would rise or reduce over the next twenty to thirty years if the lengths of new patents were extended from twenty years to, say "forever"?
Find linear demand and supply curves that are consistent with this information and how would the equilibrium price of ethanol motor fuel in the first half of 2008 compare to the price in 2007?
The goals for this assignment are to do some more background reading about a macro issue, and begin to connect that issue with macro policy debates. How does this information fit into your understanding of the economy's long-run or short-run perfor..
Why is the interest rate on a security sold by a city government usually less than the interest rate on a security sold by a corporation if both have comparable default risk?
Suppose you own an insurance company. Further suppose that this market is composed of only 3 people. Further still, supposed that this insurance is full coverage and medical expenses are always $1000. It would be logical to also assume conditions ..
Unities of Guns 0,12,26,36,44. Unities of Washers 4,3,2,1,0. What is the marginal opportunity cost of producing the second unit of washers? What is the total opportunity cost of producing the second unit of washers?
describe the calculation of capitated payments. how are these rates determined in managed care organizations? describe
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?
Although "inflation is always and everywhere a monetary phenomenon," explain why: a. the start of a hyperinflation is typically related to the fiscal policy situation, and b. the end of a hyperinflation is usually related to changes in fiscal poli..
Assuming that overall taxes are cut by 10 percent across the board. What's likely to happen to equilibrium output and prices How will the tax cut affect government revenues in the new equilibrium
Presume that you have saved $10,000 for retirement and are currently 20 years old. Moreover, suppose that you will earn the historical return of about six percent on your portfolio of stocks. How sensitive is the calculation to the rate of return?
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