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Please be as detailed as possible -
The questions below are about working with the Cobb Douglas model α= 0.3 and A= 3
a) write the equation for output
b) find the MPK and MPL in terms of K and L
c) if K = 10 and L = 5 what is the expected output?
What are the advantages and disadvantages of fixed versus floating exchange rates?
Since its introduction during World War II as a measure of wartime production capacity, the Gross National Product (GNP), now routinely measured as Gross Domestic Product (GDP), has become the nation's foremost indicator of economic progress. It is n..
The Fichser-Tropsch (F-T) process was developed in Germany in 1923 to convert synthesis gas (i.e., a mixture of hydrogen and carbon monoxide) into liquid with some gaseous hydrocarbons. Interestingly the F-T process was used in World War II to make g..
Delineate which marketplace participants you believe benefited from the final court decision also whose interests were harmed.
Bob and Jane decide to open their own business selling ergonomically correct office furniture that Jane has designed. Assume they operate this business from leased office space near their home. Is Bob & Jane's economic profit different from their acc..
A retail chain keeps daily data with summaries of the dollar amounts of sales for each of 151 different products sold at 23 retail stores. The daily data is tracked by product and by store. At the end of the day each store sends its data to the sales..
In order to attract more customers on Mondays ( a slow day), Alex's pizza shop decided to reduce the price of their pizza rolls from $3.50 to $2.50. As a result, Monday sales increased from 70 to 130. Also, Alex's sales of soft drinks rose from 40 to..
Walmarts decision in 1994 to continue operating stores in specific cities in Mexico when other firms were pulling out would be classified as
Determine total cost of quality when re are no defectives. D = 0 and product quality is perfect. What are primary capabilities created by supply chain technology. How can y drive supply chain excellence.
Illustrate what is your suggested mix of pricing also non-pricing strategies
Can anyone recommend some free software for students studying economics for use in senior projects, theses, or dissertations? What kind of economic freeware exists for economics students?
What factors might these types of stores have in common behind their declines.
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