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Q. Explain why do you suppose that employees pay for general training and the employer pay for specific training with respect to the basic competitive model?
Q. Assume that Mr. Greengenes, a farmer and genetic engineer, develops a new method for growing corn that decreases the cost of growing corn by $300 per acre. Greengeness landlord rejoices, saying, According to the leftover principle, you will pay me $300 more in rent. Is the landlord correct?
Elucidate how many workers the firm should hire for different values of the wage rate in order to maximize profit.
The economys business cycles are not well synchronized with any of the world's largest economies and policymakers.
A recent study indicates to the long-run average cost curve for cellular telecom companies are basically flat. Illustrate what do you expect to happen to industry output.
Suppose you have a production technology that can be characterized by a learning curve. Every time you increase production by one unit
Assume Microsoft chooses to produce 80 million copies of the software per year and sells copies of the software to retailers at $199 per copy.
Academic researchers usually develop more complex also eworkerate models than applied researchers.
The definition of a price maker is a firm with some power to set the price because the demand curve for its output slopes downward which in effect means those firms with a downward sloping demand curve have some market power.
PbP Company have pay $10,000 to disassemble and ship the furnace to the new owner. What is the net cash flow after tax as it will result from selling this furnace in the year 2012.
Write down on a paper analyzing dissimilar approaches that might be used by Keynesian theorists.
Which of the subsequent is a Keynesian conclusion about how adjustments occur in a recessionary gap?
The opportunity cost of Juan's time is $8 per hour. If Juan receives $2 per pound for his fish, what is the optimal number of hours he should spend fishing.
Each camera requires one lens. Explain how many cameras will Cam co produce also Illustrate what price will be charged for each.
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