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Presently, AFC has on its medical staff 10 doctors and 10 nurses. The daily wage of a doctor is $600, whereas a nurse is paid only $200 a day.
a. Is the mix of doctors and nurses the clinic is presently using optimal? Explain.
b. Suppose the clinic wishes to expand its operation. Would you recommend that the clinic increase the numbers of its nurses and doctors equally? Explain.
The Environment Ministry in Japan proposed new carbon tax in order to meet Japan obligations to decrease carbon dioxide emissions under Kyoto Treaty.
q. 1. country z is a developing country that is facing problems of deforestation. for agriculture farmers are clearing
John and Daphne have accumulated $15,000 in their college savings account (at t = 0). Their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). Then they plan to make 3 equal annual contribution..
What is the difference between the optimal level of total consumption minus the amount of total consumption generated by the market
Using the World Bank classification of countries, select countries from the different categories and examine the data on output growth and education level. Is there a systematic relationship?
Elucidate Illustrate what you can do, if the best technology was used to produce the components of the system.
If buyers pay $8 per unit to the intermediary but sellers offer to rebate part of that expense to buyers.
Find the profit-maximizing price and quantity in each market and in which market is demand more elastic?
What happened to Ikonomia actir's net foreign assets during 2007. Did it acquire or lose foreign assets during year. Compute official settlements balance. Based on this number, what happened to central banks (foreign) reserves.
There are two players 1 and 2. re are two cards: "High" and "Low". Player 1 chooses at random one card. Write a strategic form also find optimal strategy of player.
School tries to discourage Twinkie consumption by raising the price to $.40, by how much will Matt's mother have to increase his lunch allowance to provide him.
Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage.
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