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Which of the following does NOT determine the long-run level of real GDP?
a. the price level
b. the supply of labour
c. available natural resources
d. available technology
q1. in a perfectly competitive firm when you have a table which gives quantity cost total costs explain how can you
corporate profitability declined by 20 percent from 2008 to 2009. what performance percentage would you use to trigger executive bonuses for that year? why? what issues would arise with hiring and retaining the best manager?
A market has a demand curve described by P=26-Q, a supply curve described by P=10+Q, and a price ceiling of 12. Calculate the Total Surplus of the market with the price ceiling.
Elucidate, using diagrams where appropriate, explain how the averege costs of a firm may vary short period and long period.
q1. explain why does production ultimately experience diminishing marginal returns to labor in the short run?q2. what
"The problem with economic policy becomes most obvious when attempts are made to tinker with little economic changes, as the tools governments have at their disposal are too crude." This statement is a criticism of
An important point is about customer expectations. What customer expectations are there with respect to What, When and By whom in a project? What would you use to determine if the project was successful? What would a customer use?
q1. according to okuns law if output grew 7 and full-employment output rose 5 what would be the change in the
q1. assume the supply of money graph. if reserve prerequisite before the shift was 10 as well as the fed adjusted the
Write down the budget constraints when young also when old also the lifetime budget constraint for both types of consumers.
In long run, what would you expect to happen to the price of steelin U.S. and Germany. What would be the price differential.
Which of the following would eliminate scarcity as an economic problem? Moderation of people’s competitive instincts. Discovery of large new energy reserves. Resumption of steady productivity growth. None of the above because scarcity cannot be elim..
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