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An apparel manufacturer purchases cotton and other raw materials for the production of shirts. Would the sale of cotton from a cotton mill to the shirt manufacturer be included in the calculation of GDP? Why or why not?
Suppose that the cost of a unit of capital is r and the price of a unit of labor is w and the level of output is y. Write down the long-run total cost as a function of w, r, and y.
Explain how did racism affect foreign affairs and discuss how the United States viewed some groups and the influence of the military abroad.
Elucidate how much would the industry save by raising all of the debt now, in a single issue, rather than in three separate issues.
explain increase in quantity of defense goods when there is an increase in marginal benefit.
Determine which of the two investment projects a manager should choose if the discount rate.
Illustrate what would the benefits of each action be (besides emissions reduction). Illustrate what would the costs of each action be.
If you receive a request for proposal (RFP) on a project for four units, illustrate what is your break-even price.
explain why a $100 billion increase in govermant purchases of goods and services will lead to a large increase in aggregate deamnd than a $100 billion decrease in taxes?
Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
The water is identical in the two sizes and John gets no utility from the containers themselves, only from the water.
Suppose we only use labor in a production run. How do we determine the optimal level of labor input in the short run? In other words what condition must be met
List and describe the firms in the Industry. Describe the product, production methods, scale of production, and sources for raw materials. What technologies are used?
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