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A firm in a competitive input market can
a. derived demand for labor.
b. marginal physical product.
c. marginal revenue product.
d. market demand curve for labor.
Consider the market for two goods that are substitutes, such as pens and pencils. if a technological breakthrough reduced the cost of producing pens. A/ what would happen the supply of pen? B/ what would happen on the price of pens and the quantity e..
Show how the transaction would have been recorded in the German balance of payments accounts. What was the net effect on the German balance of payments.
Illustrate when a cold snap hits florida, the proce of orange juice rises in supermarkets throughout the country
Explain what will the total decrease in aggregate demand be as a result of the initial $12 billion decrease.
If the demand for housing falls, reducing planned investment by $75 billion, what is the effect on national income and output (GDP) (the consumption function is c = 50 + 0.7 (yd))
What is amount of China's foreign reserves by end of 2004. What problem is China facing as it continues to build huge foreign reserves.
llustrate what increase in G is necessary to achieve target output in domestic economy. Illustrate what would be increase in G and T needed if government wanted to keep a balanced budget.
q1. due to the housing bubble many houses are now selling for much less than their selling price just two or three
Master Card has a series of cute commercials that list a series of accounting items also costs leading to a costless product.
Analyze a situation in which both parties entering into a contract could benefit, economically or otherwise, from slightly ambiguous language contained in the contract.
A monopolist face a market demand curve given by QD = 22 - p. What is the value of the marginal revenue of the 4th unit produced?
What is a subgame-perfect Nash equilibrium proposal of player 1, and what is the resulting outcome of the game
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