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Q1. A clinic uses doctors also nurses to serve the maximum number of patients given a limited annual payroll. The clinic currently has 10 doctors also 30 nurses. The last doctor hired can serve 300 additional patients, while the last nurse hired can serve 200 additional patients. If doctors make $60,000 a year also nurses make $20,000 a year, the clinic
Q2. Does the concept of technological efficiency permit us to determine at which point on an isoquant a firm should operate?
What is the difference between a production function and an quant. Explain the law of variable proportions with the help of quant.
The demand for bread will fall if more Americans go on a low diet. The cost of bread will fall due to the decrease in the demand for bread.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
Illustrate what is the marginal revenue from selling another book for the author. Explain how does it compare to the marginal revenue
Which among the equation will you choose for a better demand estimation. Illustrate answer in the language of statistics.
Discuss the capture of the regulatory agency and your prediction as to the capture of the replacement regulatory agency and the politicians in the future.
Select one market segment, and describe in one or two paragraphs what features the cell phone might have in order to be attractive to this segment.
Suppose that the government is debating whether to spend $100 billion today to address climate change.
Explain what the GDP cost index is and what is its role in differentiating nominal GDP and real GDP.
Represent graphically the effects of an expansionary monetary policy and a contraction fiscal policy in the IS/LM/FX model.
Propose how it can conclude the efficient levels of information in an organization to justify taking risk over uncertainty.
what hypothesis we can use to show whether the change in female literacy rate in both the models is significant or not.
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