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Suppose all employers in city c decide to adopt a 4-day week, so that workers ether work 10 hours per day for 4 days or work at home for one day a week. Wages remain the same. How does this change affect the bid rent function?
Explain how much should Jet Blue charge for a Business Class ticket.
Fiscal policies can work only if private enterprises respond to them in certain way; if they respond in other ways, the policies fail. Explain and give examples.Can the government make things worse by intervening in markets Are there other options..
Assuming no population growth or technological progress, find the steady state capital stock per worker, output per worker, consumption per worker and investment per worker given that the rate of saving is 20% and depreciation rate is 10%.
A newly established Internet Cafe is seeing to expand its operations. What would happen if the predict to open 208 stores each year is wrong?
In making a decision about whether to increase its advertising budget the firm management should not consider Answer the added revenue from increased sales the added cost of producing more goods for sale. interest payments on the firm's loan.
Assume that you never carry cash. Your paycheck of $1,000 per month is deposited directly into your checking account on the 1st day of the month,
Determine the current GDP growth rate for the United State? Analysis the trend over the last few years. What stage of the Business Cycle would the United State economy be in currently given the trends?
Countdown to a new agreement might galvanize development assistance debates. What do you think will happen and should happen- and why.
According to the table above, if the wage rate is $500 and the price of output is $5, how many workers should the company hire?
Elucidate the six costs associated with inflation and evaluate which if any of the costs are important for the average consumer.
The baker uses the flour to make bread & sells the bread to households for RS. 6.00. The households eat the bread. What is the value added in each stages of production?
What is the four-firm concentration ratio in this industry Show all calculations and explain what a concentration ratio.b) What is the Herfindahl index for this industry Show all calculations and explain what a Herfindahl index .c) Suppose..
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