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1. Determine whether the following production function exhibits constant, increasing, or decreasing returns to scale (please explain why) a. Q=0.5X+2Y+40Z b. Q=3L+10K+500 c. Q=4A+6B+8AB d. Q=7L^2+5LK+2K^2 e. Q=10L^0.5*K^0.3 2. The First National Bank received 3000 inquiries following the latest advertisement describing its 30-month IRA accounts in Boston World, a local newspaper. The most recent ad in a similar advertising campaign in Massachusetts Business, a regional business magazine, generated 1000 inquiries. Each newspaper ad costs $500, whereas each magazine ad cost $150. a. Assuming that additional ads would generate similar response rates, is the bank running an optimal mix of newspaper and magazine ads? why or why not b. Holding all else equal, how many inquiries must a newspaper ad attract for the current advertising mix to be optimal? explain.
A construction company is bidding on a project comprising five high-rise buildings to be erected one after the other.
If the potential recipient decides to work, she will receive a wage of $8 per hour. Show the budget line for the potential recipient using the above information.
Illustrate what is micelles opportunity cost of producing potatoes and or chickens if she were to produce 200 pounds of potatoes per year and 50 chickens per year.
Extend this comparison by choosing a different point on this period's PPF and discuss whether that combination leads to more or less growth over the next period.
Elucidate the dividend yield for each of these four stock. What is the expected capital gains yield. Discuss the relationship among the various return that you find for each of these stocks.
Illustrate what is the name of this type of industry. What is firms and concentration ratio.
Compute the numerical elasticity of long-run demand. Is it unitary, elastic, inelastic, etc. Explain why would consumers demand 0 minutes in the long run if the price was $.30 per minute.
We have a bond issue currently outstanding that has 25 years left to maturity.the coupon rate is 9% and coupon are paid semi annually.the bond is currently selling for $908.72 per $1000 bond what is the cost of debt
What is total cost of saving water. Illustrate what is marginal cost saving 1 meter cubic of water.
Elucidate the factors that affected labor demand and labor supply in the chosen historical example.
Graph the Demand facing your situation. Note that this requires information from the Supply Determinant analysis before deciding how to draw the curve(s), as you may need a separate MR curve.
Illustrate what is the probability that the defense defends the right hand side. Explain in words what the expected outcome will be.
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