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The production function F(L) = 6L^(2/3). Suppose that the cost per unit of labor is $8 and the price of output is 4, how many units of labor will the firm hire?
Design a simple econometric research project
Determine when a competitively produced product generates negative externalities in production, the industry will,
Estimate the regression equation of wage on educ. Write down formally the regression equation with standard errors underneath within parenthesis.
You have given the following data about the amount your firm can manufacture per day given the number of workers it hires.
Evaluate the merit or otherwise of the above statement by commenting on the R2 values of the estimated CAPM regressions above.
Recognize economic forecasts for real GDP, the unemployment rate, the inflation rate, a key interest rate, and the value of the dollar.
Analyze the current status on foreign exchange rate, producer price index including descriptions of current status and graphs with APA guidelines.
Suppose the inverse demand for a product is Q = ?P 1/2 + 10. Write the expression for the demand curve, i.e., P = f(Q). What kind of expression is this?
Select three macroeconomic indicators that you feel have greatest impact on operations or considering for Kohls. Discuss and describe why they are important to current or future situation of your organization.
Chez Henri is a restaurant chain that operates in forty different cities. It employed an economist to determine the factors affecting the demand for its sales.
Gold Trackers watching the value of precious metals and has daily information on prices and sales of gold for the last many years.
Over the last one year the Four Winds Novelty Corporation has recorded its internet sales and its monthly total variable costs for a particular novelty item as demonstrate in the following table.
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