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Consider the impact of the following on the marginal efficiency of capital and related optimal health stock (include a graph in your explanation):
Rather than having stopped school with a high school diploma, by age 22 Poppy obtained an undergraduate degree in public health. How would this education decision impact her optimal level of health?
Presume that after age 22 her wage rate stayed the same, what happens to her optimal stock of health capital by age 30?
The depreciation schedule for a machine has been arrived at by several methods. The estimated salvage value of the equipment at the end of its 6-year life is $600. Identify the resulting depreciation.
Judy has decided to allocate exactly $500 to college textbooks every year, even though she knows that the prices are likely to increase by 5 to 10 percent per year and that she will be getting a substantial monetary gift from her grandparents next ye..
environmentalists argue that trade liberalization harms the environment. the decisions of the world trade organization
About the role of Multinational Corporations in Business, Government and Society. the role of ethics in the global arena, the influence of governmental regulation, the roles of consumer, employee and environmental protection and how good corporat..
A firm faces a perfectly elastic demand for its output at a price of $6 per unit of output and each hour of labor produces five units of output. For L number of workers hired each hour and w hourly wage rate, the firm faces an upward- sloped labor..
even before the metals and manufacturing companies described earlier u.s. railroads in the nineteenth century were
Distinguish between explicit & implicit costs, giving example of each and what are the explicit & implicit costs of attending college?? Why does the economist classify normal profit as a cost?
Airway Express has an evening flight from Los Angeles to New York with an average of 80 passengers and a return flight the next afternoon with an average of 50 passengers.
the federal government is planning a hydroelectic project cor a river basin. in addition to producing electric power
question 1how is the equilibrium price determined? what happens if the price is above the equilibrium price? what
His strategy to acquire companies in different lines of business based on the requirement that each business in GE was to become the #1 or #2 competitors in the industry is touted as being particularly brilliant.
if health care spending is already on the flat-of-the-curve it may not be possible to buy improved health status by
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