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If an economy experiences an improvement in the average level of it production technologies, then, in the long run, both GDP and GDP per worker will increase.
A profit-maximizing firm in a competitive market is currrently producing 100 units of output. Elucidate firm's profits, marginal cost, and average variable cost respectively.
Consider the market for beef. Suppose the price of grain used to feed cows increases. How does it affect the equilibrium price and quantity of beef? Explain with a diagram.
What is organizational culture? What effect does it have on a organization.. Include in your rescission the positive and negative aspects of culture in an organization
From a Keynesian perspective, the way out of recession is to. Get consumers to spend less on goods and services. Get consumers to spend more on goods and services.
If I want to know the relationship between Oil consumption(C), production(P) and reserves(R). Can regress C on P and R, then regress P on C and R, and then regress R on C and P? Why or why not?
In recent years the exchange rate of the $ has been noticeably high against the yen. If for some reason investors around the world now decide that this increase is a temporary phenomena and that the $ will fall relative to the yen in coming months(th..
Calculate the future value at the end of twenty-five years of the following cash flows (CF's) if the rate of interest is 4.7-percent compounded annually: Eight consecutive CF's of $346 at one year intervals beginning at the end of year 4 (t = 4) and
Under patent protection, a firm has a monopoly in its production. Market demand is estimated to be P = 100 – .2Q. The firm’s economic costs are given by ATC = MC = $60 per unit. Determine the firm’s optimal output, price and economic profit. Compute ..
You are the manager of a variable hospital department and you just received your monthly budget results that state your salaries were higher and your supplies were lower than budgeted. This assignment uses a rubric. Include the relationships between ..
Oceana is small country. Using the open-economy macro model, trace the effects of the following actions on savings and investment in Oceania and Oceania’s trade balance. Make sure you explain the transmission mechanism of these effects with graphs.
The quantity demanded of do-it-yourself hair-cutting sets increases from 3000 to 10,000 when the average income decreases from $60,000 to $40,000.
A country has a comparative advantage in the production of a good if it can
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