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Q1. In the country of Lusitania there are two regions, A also B. Two goods (X also Y) are produced in both regions. Production functions for region A are given by
Q2. Studies Explain how among which of the delivery curve bananas have shifted. All of the subsequent could be possible explanations for the shift except one. Which is the exemption?
Q3. Claire also Dag are farmers who produce beef also corn. In a year, Claire can produce 16 tons of beef or 40 bushels of corn, while Dag can produce 5 tons of beef or 25 bushels of corn. The opportunity cost of producing a ton of beef is.
A new law requires that all construction workers in your area belong to a labor union. Will this shift the labor supply curve, demand curve if both in home construction.
The US government could not pass its annual budget. As a result, the US government has partially shut-down: roughly about 800000 federal employees of non-essential services are out of work
Suppose that firm A and firm B can form a joint venture to pursue either or both of their R&D programs.
During the working life, how do you graph that without knowing more information.
Explain how the U.S. economy may self-correct back to the long-run equilibrium where actual GDP equals to full GDP and there is full employment.
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
A county is considering using a piece of park land for one of two alternative recreation projects.
Amend the diagram and use similar algebra to figure out Illustrate what happens again.
Would your answer change if BOC could issue SFr commercial paper supported by the revolving credit at 3.5%.
DHL prides itself on having its own staff of more than 300,000 people spread across the globe, instead of relying on local agents.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
Illustrate what are the relationships between strong monotone and non-satiation. Also illustrate what are the relationships
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