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Briefly describe the origin and growth of government-provided pensions beginning with Germany in 1881 and attempts to establish a federal pension in the U.S. prior to 1935
Larry Bush, was on his second audit job on the East Coast with a new client called FSK. He was looking through the past four years of financials and doing a few ratios when he noticed something odd. Bush discovered that the company was clearing the r..
Elle's preferences over apples (A) and bananas (B) are represented by the Cobb-Douglas utility function; u(A; B) = AB. Write down the optimization problem. What is the objective function? What are the choice variables? What is the constraint? What a..
Find the amount of consumer surplus for a linear demand p= 20-2x for p=0 and p= 10. What is the maximum and minimum amount of CS a consumer can have for this demand and what are the prices? What is the inverse demand function for good x with the foll..
q1. explain carefully if all workers and jobs were indistinguishable there would be presently one wage rate pretentious
A beautiful bridge is being built over the river that runs through a major city in your state. The cost of the bridge is estimated at $600 M. Annual cost of the maintenance is estimates at $200,000. Also, every 10 years the bridge needs an overhaul m..
Ann owns a lawn mowing company. She has 240 lawns she needs to cut each week. Her weekly revenue from these 240 lawns is $8,400. If given an 18-inch deck push mower, a laborer can cut each lawn in two hours. If given a 60-inch deck riding mower, a la..
q.the beta corporation operates in an business that has a herfindahl-hirschman key of 800. beta wants to combine with
q1. why do economists attempting to forecast short run future changes in real gdp and employment look closely at data
In the medical care sector, the decisions of what services should be produced, how they should be produced, how they should be distributed, and how to allow for growth and innovation must be made. What combination of non-medical and medical goods and..
The following calculator shows the supply curve for sedans in an imaginary market. For simplicity, assume that all sedans are identical and sell for the same price. Consider the previous graph. Suppose that the price of a sedan decreases from $ 26000..
Suppose you are the manager of a restaurant that serves an average of 400 meals per day at an average price per meal of $20. On the basis of a survey, you have determined that reducing the price of an average meal to $18 would increase the quantity d..
Consider an economy with the following Cobb-Douglass production function: Derive the equation describing labor demand in this economy as a function of the real wage and capital. The economy has 27,000 units of capital and a labor force of 1000 worker..
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