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One question which shouldn't take more than 5 minutes for an expert. Please include steps/explanations. 1. Say that country A's MPL = -L + 11 and country B's MPL = 2L + 5. What would be the optimal amount of L? Note: country B's MPL is written in terms of the coordinates of country A. a. Does the MPL for both countries graph as you would expect? b. Say that country A originally had 1 unit of labor and country B had the rest. Then, migration is allowed. By how much does welfare improve?
who file a lawsuit on behalf of the government if they believe that a company has somehow defrauded the government Securities and Exchange Commission Occupational Safety and Health Administration False Claims Act corporate philanthropy social audi..
some oakland california residents are sick and tired of tripping over burger wrappers and soda cans and the city is
what is the view of the relation between aggregate demand and output reflected in thirlwalls balance of
How much profit will the monopolist make if she maximizes her profit? What would be the value of consumer surplus in this monopoly market?How much consumer surplus would there be if this market was perfectly competitive? What is the value of the dead..
Suppose Jane buys only two goods X and Y , and she spends an income I on these two products. Suppose the price of X is px and the price of Y is py. She derives utility by consuming X and Y.
The government is considering increasing the tax on gasoline by $3 per gallon and has asked you to determine the impact on Janet's consumer surplus. Janet spends 5% of her income on gasoline and her utility function is Cobb-Douglas.
1. why do you suppose that the market clearing interest rates on bank savings and time deposits have been rising
A 40-day strike at Boeing resulted in 50 fewer deliveries of commercial jetliners at the end of the first quarter of 2000. At a cost of $20 million per plane, what was the equivalent end-of-year cost of the strike (i.e., end of fourth quarter) at an ..
Take a position for or against the complete privatization of the educational system and support your position with evidence or examples. Discuss the pros and cons of the voucher program and determine whether or not this is an economic policy you w..
If increasing returns to scale exist, then an increase in all inputs of five percent should:
a. List and fully describe the five stages of international development which a firm could consider or adopt when it decides to expand its operations outside its domestic market (s).
Identify a microeconomic theory of interest to you.
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