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What are some of the reasons why the government will need to focus on spending levels to stimulate the economy?
The internal rate of return on an investment refers to the interest rate earned from the income of an investment. The meaning of Internal Rate of Return is best stated as a measure of the interest rate that makes the incomes and the expenses equivale..
Three students consider the option of forming a lawn care and landscaping business during their summer vacation. They estimate the following costs: Insurance $2,600; Equipment Rental Fees $1,000; Fuel and Supplies $4 per lawn serviced and Miscellaneo..
Challenge of any merger that raises the HHI by 100+ points in a market where the HHI is above 1800 before the merger.
how the United States and the other country differ. Which of the two countries has better prospects for the future and why? Provide a reasoned opinion.
A key difference between accountants and economists is their different treatment of the cost of capital. Does this cause an accountant’s estimate of total costs to be higher or lower than an economists estimate? Explain.
Suppose that between 2003 and 2007, one group of individuals (Group 1) received job training while another otherwise similar group (Group 2) did not. Suppose that the average earnings of the first group went from $40,000 per year to $55,000 per year,..
Does the marginal utility of x diminish, remain constant, or increase as the consumer buys more x? Explain
Suppose you are given the following Total Product Function: Q=100K^3/2 L^4/2 M^4/7,where Q is total output or units produces; K, capital; L, labor; and M, materials.; that is, this is a input factor production function. Discuss the returns to scale.
Elucidate a process under which the competing oligopolists can divide the cake so that the two consumers (who are also the producers) are protected from the downfalls of consumers in oligopolistic markets.
Compute the price, output, and profit contribution if the product is not certified.
When prices are ($4, $2), Valerie chooses the bundle (9, 18), and when prices are ($1, $2), she chooses the bundle (8, 14). Is Valerie's choice of bundles consistent with the Weak Axiom of Revealed Preference.
u.s. trucking pays its drivers 40000 per year while american trucking pays its drivers 38000 per year. for both firms
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