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An input is indivisible if:
A) it is sufficiently inexpensive to purchase that firms will want to buy as much as they can.
B) it cannot be scaled down to produce a smaller quantity of output.
C) it cannot be increased to produce a larger quantity of output.
D) it cannot be used as a substitute for other inputs in the production process.
Suppose your nominal income in 1995 was $24,000. Suppose, too, that the Consumer Price Index for 2012 was 2.5 and that the base year for this index was 1995. How much nominal income would you need in 2012 in order to match the spending power of your ..
they pay 20 cents to the Lord High Mayor of Rabushka. What is the marginal tax rate in Rabushka for a worker whose income is $1 million?
Look at those whose advertising went down by double digits from the prior year. Speculate about what might have caused those advertisers' expenditures to decline.
q.given the following annual information about a hypothetical country answer questions a through d.billions of
Using the regression results and the other computations from Assignment 1, determine the market structure in which the low-calorie frozen, microwavable food company operates.
Determine the after-tax rate of return on this investment. Uncle Elmo thinks it should be at least 8%. If Uncle Elmo could sell the generator for $7000 at the end of the fifth year.
In a market economy, every resource will tend to be paid according to its marginal product. Highly productive resources will command high prices, whereas less productive resources will command lower prices.
explain the statement that an individual bank has little ability to expand the money supply unless all the other banks
If you get this classmate as your partner on a series of projects throughout the year, rather than only once, Explain how might that change the outcome you predicted in part (b).
What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit.
normal 0 false false false en-us x-none x-none microsoftinternetexplorer4 q1. assume
If you were the President of a large research-oriented medical school would you want your Board of Directors to invest in cigarette company stocks? Why or why not?
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