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Write code to compare a user-entered string with "bird" and print "Found a bird! Spring has sprung." when the strings match and print "The bird has flown." when they don't. Use If-Else branching statements.
A firm has the production function y = x1^1/2 * x2. In the short run it must use exactly 15 units of factor 2. The price of factor 1 is $75 per unit and the price of factor 2 is $2 per unit. Derive the firm’s short-run marginal cost function.
It’s time to get a new laptop that is $2500. If you finance it, you will be charged 8% annual interest and it will take you two years to pay it off, paying each month. (A)How much will you pay each month for this laptop? (B) What are your total acqui..
You are an efficiency expert hired by a firm in the clothing industry that uses machines (K) and workers (L) as inputs. The firm has estimated that the marginal product of labor is MPL = 120 - 4 L, while the marginal product of capital is MPK = 50 - ..
If you'd asked anyone few years ago what is the safest long-term investment, the answer would have been real estate, unequivocally. The housing boom of early 2000's has fueled the growth of many career in real estate, from appraisers and real estate ..
How will planned investment spending change as the following events occur?
Suppose that the government places a ceiling on the price of a medical drug below the equilibrium price. Explain why there is a shortage of the medical drug at the new ceiling price.
A company just purchased a new machine, which has a first cost of $320,000. Salvage is estimated at $75,000. Use both SL and MACRS depreciation over a 7-year recovery period, determine the depreciation charge and the book value for year 5,. Explain h..
Combinations of goods on the production possibilities frontier
find out goods that lie near these extremes. Characterize demands for the following goods as being near perfectly elastic or near perfectly inelastic.
According to the product cycle hypothesis, a product will be produced only in an industrialized economy. When
q1. discuss the prognosis or economic outlook for the chilean economy in the coming year. consider the leading economic
over the subsequent months, they changed their minds and discontinued the experiment. How did the timing affect their conclusion about the profitability of increasing prices?
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