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A firm is deciding between two different sewing machines. Technology A has fixed costs of $500 and marginal costs of $50. Technology B has fixes costs of $250 and marginal costs of $100. At what quantity is the firm indifferent between the two technologies?
Please include math, as I have many questions like this and would like to learn how to do it.
Define what is of the higher the price of a good, the smaller the quantity demanded and vice versa?
Provide data on levels of imports and exports throughout 2000-2010. (Annual numbers for each year is ideal) Look at the value of imports and exports in real (inflation-adjusted) dollars or you can present them as a % of GDP.
In "The Consequences of Mr. Keynes," James Buchanan and Richard Wagner argue that the "unwritten fiscal constitution" of an annual government balanced budget helped restrain the growth in government, but the Keynesian argument for a balanced budge..
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In analyzing macroeconomic data during the past year, you have discovered that average labour productivity fell, but total output increased. What was most likely to have caused this?
Explain how can a domestic market be protected. If a country had protected domestic market, what would be the likely effect on its balance of trade.
1. use the four quadrant diagram of the classical model with the production function to determinea the effect of a
Calculate openness as a percentage for Brazil and El Salvador. Explain how you calculated openness. Using a graph of Openness (as a percentage) versus time, explain in up to 100 words how openness has changed for these countries from 1995 to 2012. Ma..
the marginal revenue curve of a monopoly crosses its marginal cost curve at 30 per unit and an output of 2 million
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