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Assume the price of capital doubles and, as a result, firms make no change in the relative quantities of capital and labor they employ. This implies that:
labor is not readily substitutable for capital.
the law of diminishing returns is not applicable.
the firms are producing an inferior good.
the demand for capital is highly price elastic.
Municipal bonds might pay a risk premium over the default-free bond yield because
Suppose the firm has a production function of the form f(k,l,m)=(klm)^1/4 and faces input prices (1,2,8) for (k,l,m) respectively. What is the firm's cost function? What is their supply function? How much capital k does the firm use to produce q=4?
Assume there are 1000 homes in a flood zone in an area in which sea levels are rising. An additional 1000 homes are above the flood zone and at less risk. A levee could be built to prevent the rise in sea level from affecting the homes. It is worth $..
FDA assures that pregnant women are enrolled in investigational drug trials before a product is used when there is substantial use in women. FDA has the authority to stop the distribution of an approved drug until studies are done in pregnant women.
u.s. trucking pays its drivers 40000 per year while american trucking pays its drivers 38000 per year. for both firms
Is the increasing resistance of employers to unionization a new phenomenon or simply a return to the historic relationship that has existed between unions and managements in the United States?
q1. if the aggregate-demand curve is given by the equation p400-2xy and long run aggregate supply100 the long run
Suppose the exchange rate between the U.S. dollar and the Swedish krona was 6.65 krona = $1.00, and the exchange rate between the dollar and the British pound was £1 = $1.67. What was the exchange rate between Swedish kronas and pounds?
Suppose that people expect the Fed to hit its inflation target. A: Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
What are the ways that designers force us to focus on necessary concepts of a play, or how designers force your focus to necessary concepts of the play? and How designers influence your emotions about those concepts?
Richard Pawlus was an owner of Dutch City Wood Products, Inc., which did business as “Dutch City Marketing”. Pawlus purchased merchandise from Rothschild Sun systems from April 24 to June 24 using the designation “Richard Pawlus Dutch City Marketing”..
An insurance company offers protection against theft or loss of credit cards. The insurance company will insure a credit card holder against all costs incurred for any credit cards (regardless of the number of cards) lost or stolen during the next th..
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