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Question: Consider the following economy of in which only two firms operate. The activities of the two firms can be summarized as follows:
FIRM A
COSTS
REVENUES
Wages
$120
Exports
$110
Purchases from Firm B
$100
Sales to Firm B
$200
Sales to the public
$600
FIRM B
Sales to Firm A
Purchases from Firm A
$400
Taxes
Compute the GDP of this economy using the three (3) approaches to national income?
What is the identity and the intended functions of major regional economic integrations
Using the data on costs and benefits provided what is the NPV and BCR associated with the project given a BCA period of twenty-eight years?
Question on vertical integration
Write a summary paper about the following articles- The Power of Productivity by William W. Lewis. The Impact of Manufacturing Offshore on Technology Competitiveness: Implications for U.S. Policy by Erica R.H. Fuchs.
Explain (in your own words) the concept of unit labour costs. In the process, explain how it may be affected by the wage level, the efficiency of work, and the intensity of effort
Priceless food processing needs to replace a pump. They have two options. One is to purchase a new pump with a brass impeller and bowl. The second is use a pump from their warhorse that has stainless steel impeller and bowl.
international trade is a complex area of study. effects of policies currencies tariffs trading arrangement and other
assume your research staff used regression analysis to estimate the industry demand curve for product x.qx 10000 - 100
Subsidy programs are likely to have a number of secondary effects in addition to the direct effect on dairy prices. What impact do you suppose farm subsidies are likely to have on the following?
Who has the comparative advantage in the production of elegies? Suppose Vergil and Catullus wish to trade elegies for poems. In terms of the number of elegies, in what range must the price for one poem fall
Identify an organization that currently pursuing a Triple Aim and what are they doing, the capital cost, and patient experience, outcome, patient satisfaction,and how they are contributing to the health and community around them.
Suppose a firm's production function is given by f (L ,K) =5 (LK)1/2 , where L denotes the use of labor and K denotes the use of capital. Letting w denote the price of labor and r the price of capital, suppose that w = $6, and r = $48. Answer the fol..
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