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Identify the two events that can cause a shift in the Production Possibilities curve.
A change in the fixed level of inputs
A technological Change Occurs
Every single price in the economy doubles
The government appoints a new Secretary of Agriculture
Illustrate what is the efficient price of water. Illustrate what are the quantities of water allocated to agricultural also industrial use
Now allow Foreign and Home to trade with each other, at zero transportation cost. Find out and draw a graph of equilibrium under free trade.
Sweetgrass Radiology Labs has a fixed amount of radiology equipment. The laboratory can hire any number of radiology technicians per hour to produce radiographs, which are displayed on a screen.
q1. assume that an investor is risk-neutral i.e. suppose that an investor always chooses the investment with superior
q1. why might you expect to see flat royalty payments in home-based franchises but revenue-based royalties in
q.the head of the central bank of a small african nation is trying to determine whether the m1 or m2 money multiplier
how much should you be able to get if you sell your future inheritance to the Neopolitan Bank (or any other bank) right now? Explain your work and why your answer makes intuitive sense.
Explain the Miami plant which is closed or continue to operate at a loss in short run.
The Blair Company's three assembly plants are located in California, Georgia, and New Jersey. Previously, the company purchased a major subassembly, which becomes part of the final product, from
Illustrate what are the factors which involve the provide also demand of which good or service. How do you expect the demand also provide of which good or service to change in the next yr.
One person using one computer can produce 11,000 typed pages per year, and the price per page for your service is $2. Depends on the costs and revenues above, which should you do. Elucidate and show any relevant calculations.
Calculate the elasticity of demand for your chosen company's automobiles (or choose a specific make / model). Interpret what the demand tells your chosen company's management team.
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