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Diminishing marginal returns to the variable inputs causes the total cost curve to: a) get steeper as output increases. b) have a negative slop, c) get flatter as output increase d) be horizontal
Illustrate what do they mean efficienty level of output. If the government were to build the bridge, what price should it charge.
Based on the IRS actuarial table, Mario has a life expectancy of 20 years. If Mario receives 12 monthly payments of $1000 the first year, how much taxable income must he report on his tax return.
Your insurance firm processes claims through its newer, larger high-tech facility and its older, smaller low-tech facility. Each month, the high-tech facility handles 10,000 claims, incurs $100,000 in fixed costs and $100,000 in variable costs. Each ..
Which of the following measures of fit penalizes a researcher for estimating many coefficients with relatively little data?
Does anyone know of any work on banking system behaviour, and in particular the governing regulatory frameworks that applied between the 1973 collapse of the gold standard based Bretton Woods system and the introduction of the Basel Accords and capit..
Management in a Foreign Country Research business
Select one of the following schools of economic thought: Keynesian, Chicago, and Austrian. Identify three keys points or beliefs that are held by that particular school. What are the macroeconomic policy implications of those beliefs? Explain your an..
The market supply and demand functions for a product traded on a perfectly competitive market are given: QD= 40-P, QS = -5+4P, Based on this information, calculate the equilibrium price and quantity in this market. Now, suppose the competitive market..
Mel runs a business that sells earrings over the internet. Every year, she buys one computer for $1000, which is used exclusively for this business, and which has no resale value at the end of the year. A set of earrings costs her $6, including the c..
If the Federal Reserve had maintained a constant money supply in the face of this change, what would have happened to the interest rate.
q1. assuming the abc bank has excess reserves of 5000 it could prudently expand its loans by a maximum of?q2. the
the rival long-distance carriers have complained that the local phone company repair persons have put peanut butter on rival long distance carriers's phone lines to encourage rats to eat through the lines.
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