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A key difference between accountants and economists is their different treatment of the cost of capital. Does this cause an accountant’s estimate of total costs to be higher or lower than an economists estimate? Explain.
Which of the following are costs of high and/or unexpected inflation? Which of the following is NOT a function of the Federal Reserve?
q1. currently there is an incumbent monopoly in a market. a potential entrant may enter. the incumbent can spend x
Suppose a firm faces the inverse demand curve P = 600Q– 0.5. The firm has the total cost curve TC = 1,000 + 0.5Q1.5. Find the firm’s profit- maximizing output, price, and profit.
q.your lecturer used to work at a nationwide chain of retail swimming pool stores which pays its sales force a bonus
A large bank has increased its annual percentage rate (APR) on credit cards to 35%.?This move was necessary because of the "additional risks" faced by the bank in a weak economy. If monthly compounding is in effect, what is the effective annual inter..
Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.
Ear Us production function is Q=KL. The company over the years uses input rates of 60 and 75 for capital and labour respectively. The price of capital is $40 and labour is $35 per ear phone. If $58000 is allocated to production, what is the maximum o..
Suppose disposable income is expected to increase by 5 percent next year. Assuming all other factors remain constant, forecast the percentage change in the quantity of haddock demanded next year.
A major state university in the South recently raised tuition by 12%. An economics professor at this university asked his students, "Due to the increase in tuition, how many of you will transfer to another university.
q.develop a regression equation using the data you collected from your research. use the regression equation to focus
Which method is more likely to be technically efficient. Illustrate what is the probability that she wins.
Consider a new per-worker employment tax on workers (where previously there was no tax). Outline the consequences of this tax on the local labor market. Use appropriate, clear, and well-labeled diagrams. In your answer show (1) the burden of the tax ..
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