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Good Aliens Corporation: We make Good Product, We have Good Machines; It is All Good! Good Aliens Corporations, a famous paper manufacturer on planet Economia is considering expanding its operations in two new plants across the river: plant Alpha () and plant Beta ( ): Mr. Rho, the production manager, is reviewing a report submitted by his assistant Hans regarding the short-run total product curves for the two plants. Hans estimated the two production functions as follows:
Hans did not provide any additional information. Mr. Rho, who knows calculus, derived the marginal product for both plants as
Mr. Rho also knows that Good Aliens gave him only 10 workers to start up operations in both plants. The question that Mr. Rho is trying to answer is: How much labour should be allocated to plant Alpha and to plant Beta? And, at the best allocation, what is the output produced?
Which of the following would shift the aggregate demand curve to the right?
Suppose you bought a ticket to a football game for $30 and that you place a $35 value on seeing the game. If you lose the ticket, then what is the maximum price you should pay for another ticket?
How would population growth effect the dynamically efficient allocation, given the model in the second period has a higher demand for the depletable resource. What effect would the addition of population growth have on the efficient allocation.
Suppose a decrease in consumers' income causes a decrease in the demand for chicken and an increase i the demand for potatoes Which good if inferior and which is normal How will the equilibrium price and quantity change for each good
A formal study of 3-branches of government and the way they effect intergovernmental relations necessarily focuses on executive, legislative, and judicial branches.
Marginal utiltiy of good b, but the proce of good Ais only 2 times the proce of ggod b. Is this point consumer equilibrium? if not what will occur?
what effects might a decision by these countries to diversify their interrational reserve holdings have on the dollar and what problems might it create for U.S monetary policy?
When a company is faced by a kinked demand curve, the marginal revenue curve will be:
a software company has developed a statistical package that can perform advanced and high level procedures as well as
Calculate total cost and average total costs if demand is 450 per month and what happens to average total costs (ATC) when your production goes up from 250 to 450?
bank z 10 rrassetsliabilities rr k200000deposits k2000000er k1800000you are given the above balance sheet for bank z
Identify each as being consistent with risk averse, risk neutral or risk seeking behavior in investment project selection. Explain.
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