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Q1. Illustrate what are the key determinants of Spectrum Healthcare Resources fixed cost and variable cost in short-run?
Q2. Assume which an economy has the aggregate demand curve:
Y = 500 + 1.25G + 0.625 M / Pand the cost adjustment scheduleπ = πe + [Y-1 - 1, 250]1,250
Government spending is $200 and the money supply $800. If Po = 0.8, Illustrate what would you be? Will this place upward or downward pressure on the costs?
Presumptuous the demand curves were linear or graphically demonstrate your reasoning.
Illustrate on your graph and in words all important points and areas on the business cycle.
If a firm is losses money, it might be enhanced to stay in business in the short run. Is this statement ever true.
Evaluate whether and to what extent the human failures that led to the disaster can and will be corrected.
The production process requires labor and capital as inputs. Labor costs $6 per labor hour and capital costs $12 per machine hour.
How do the GDP per capita change after accounting for price indices. Why is it important to use price index adjustments.
The law of demand states that other things equal
A flat tax plan allows individuals to deduct a standard allowance of $10,000 from their wages. Assume that the flat tax rate is 12%. Calculate the amount of income tax and the average tax rate if you were earning.
For each level of output except zero output, calculate the average variable cost, average total cost and average fixed cost.
what combination of coal-fired plants and gas-fired plants would minimize construction costs.
Consider a product market for a normal good. Suppose consumers' income increases. Explain what will happen to labor demand for firms in that market.
Now suppose the factory develops an innovation that allows it to produce a shirt for the equivalent of 1 loaf of bread. What is the new radius of the factory's market area.
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