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Where does technological progress come from for the economic leaders of the world? Explain your answer.
Do developing countries have other alternatives to the sources of technological progress you mentioned in the question above? Explain your answer.
Do you see any reasons developing countries may choose to have poor patent protection? Are there any dangers in such a policy (for developing countries)? Explain your answer.
Research these questions in the Virtual Library and other resources to gather information to formulate your opinion.
Your assignment should be at least 250 words.
Find the Following: Average Product of Capital, Average Product of Labor, Marginal Product of Capital, and Marginal Product of Labor. Given: Q = 10 K^0.3 L^0.7.
Consider a finite set of prizes X and probabilities P on them. Suppose that an expected utility maximizer's preferences > on P have an expected utility show with utility function on prizes u : X->R.
Discuss each of the pricing strategies below. What conditions are necessary to make each strategy successful in terms of increasing profits? Explain your answer.
Federal Reserve lowers the required reserve ratio from 0.10 to 0.05. How does this affect the simple money multiplier.
A monopolist faces the following demand curve: P = 120 - .02Q . The firms cost function is given by C = 60Q + 25; 000: Assume that the firm maximizes prots. What is the level of production, price, and total profit per week? What will be the level of ..
Firms can have: Accounting profits and economic losses, Accounting profits and economic profits, Accounting losses and economic losses, Accounting losses and economic profits.
How much profit does an unregulated monopolist earn? How much profit would be earned if MC pricing were imposed?
q.the four major competitors in the computer work-station market are sun microsystems 29 hewlett-packard 18.8 ibm 16
Illustrate what has happened to the value of the dollar. Illustrate what are the comapny's hourly labor costs in dollars at both exchange.
Determine one possible combination of government spending increases and tax increases that would accomplish the same goal without changing the amount of outstanding debt.
Youngstown sold most of its output in the Midwest. Was this fact relevant.
Please Identify then Contrast the differences between the rise of prices due to Inflation and the rise in prices in Micro Economic Markets.
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