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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.
Suppose the demand for good X is Qdx=10-2Px + Py +M .the price of X is $1 the price of good Y is $10 and income is $100 given these prices and income how much of good X will be purchased?
What is the most that Jo should be willing to pay the consultant for the information.
Can you reject the null hypothesis that income does not affect quantity demanded? What proportion of total variation in Q is explained by the regression equation?
Explain why capital flows cause imbalances in the current account. Post to the discussion board your 200 word answer focusing on selecting and organizing your most relevant comments in a coherent fashion.
What factors led to the mortgage default crisis? How did mortgage defaults affect banks involved in mortgage lending and mortgage investing?
Elucidate the equilibrium price and equilibrium quantity. Suppose the price is currently $2. What problem exists in the economy? What would you expect to happen to price.
Illustrate If G rises to 200 and T rises to 150. How much would the GDP change as a result.
If the marketplace for organic apples is perfectly competitive which of the subsequent statements is inconsistent with the statement above.
What constraints does the consumer who follows Biblical principles have on his consumption that a non-Bible believing consumer would not have?
Introduce and explain the concept of social welfare - define and describe the laws of demand and supply
Assume the manager asks for volunteers to postpone their tour by offering increasing amounts of cash compensation until only four people want to see the caves that day.
A competitive firm has the production function q = f(L,K) = sqrtL + 2sqrtK , for which MPL= 1/2sqrtL and MPK = 1/sqrtK. Find the firm's conditional factor demands for L and K at the factor prices w = 4 and r = 2. What is the firm's (total) cost curve..
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