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Many colleges provide students from low-income families with scholarships, subsidized loans, and other programs so that they pay lower tuitions than students from high-income families. Explain why universities behave this way.
Assume Firm Y's production function is given by the following Cobb Douglas equation: Q = 0.5 x L0.6 x K0.5 where L denotes labor and K denotes capital. a. Does the production function exhibit increasing, decreasing or constant returns to scale
The benefits associated with a nuclear power plant cooling water filtration project located on the Ohio River are $10,000 per year forever starting in year 1. The costs are $50,000 in year 0 and $50,000 in year 2. What is the B/C ratio at i=10% pe..
(a.) Is demand elastic or inelastic in the $6-$8 price range How do you know (b.) If the table represents the demand faced by a monopoly firm, then what is that firm's marginal revenue as it increases output from 1700 units to 2300 units
In the United States, 10% of adolescent girls have iron deficiency.23 Suppose two adolescent girls are chosen at random.
The mean concentration of formaldehyde in air is 0.4 ppb, whereas that in seawater is 40 nM. What is the direction and magnitude of flux?
Specify the length and thickness of the cantilever, and the voltage required to achieve the bending. (This is an underconstrained problem. There are many possible solutions. Try to select one that can be readily fabricated.)
What is the risk (standard deviation) that this investment manager has assumed in his calculation if it is known that returns are normally distributed with a mean of 5.6%?
Explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of GDP, but the value of intermediate goods produced and not sold is included directly as part of GDP.
Comment on the following statement. "A depreciating currency puts domestic labor on sale."
a perfectly competitive market is in long run equilibrium. at present there are 100 identical firms each producing 5000 units of outputs. the prevailing market pricde is $20. assume that each firm faces increasing marginal cost .now suppose there ..
Marcy needs about 6 hours per week for each college class. If she works two shifts each week, how many hours will she spend on her classes if working efficiently?
discuss the effect on employment, output, the real rate of interest, investment, and saving if households become more optimistic about the future and as a result reduce their current saving.
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