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A firm hires four workers and rents 16 acres of land for a season. It produces 150,000 bushels of crop. If it had doubled its land and labor,production would have been 335,000 bushels. Does it have constant, decreasing , or increasing returns to sale? Why?
Sales for year just ended were $500, and fixed assets were used at 80% of capacity. Current assets and accounts payable vary directly with sales.
the CTU Professional Learning Model to teach with hands-on, industry-related, problem-solving experiences that model the professional environment and encourage achievements that lead to student and employer success.
Determine the three tools the Federal Reserve uses to change the money supply and interest rates in the economy? Which of these tools is most important and explain your answer.
Which of the following is true for perfect competition, monopolistic competition, and monopoly?
Technological advance, that date has played a relatively small role in U.S. economic growth.
Elucidate what level of visits will the maximum profit position be. Elucidate what are the profits at this level.
Thomas Edison once complained that he was not making a profit selling light bulbs because his factories were operating 25 percent below capacity.
Show such data graphically. Upon what specific assumptions is this production possibilities curve based? If the economy is at point C, what is the cost of one more automobile? Of one more forklift? Describe how the production possibi..
The question is what is the maximum probability of last thing happening (-$10 million) that will induce the person to vote for action.
Explain is low stable inflation also deflation better for the economy.
Suppose that corn production requires only land and can production requires only labor.
Explain and calculate the current account balance and explain and calculate the capital account balance and did U.S. official reserves increase or decrease? Explain
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