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Suppose there are two goods, video cassettes and record albums, produced by two firms (firm A and firm B). Moreover, suppose the marginal rate of product transformation (RPT) of record albums for video cassettes in firm B is 2. That is, firm B can always trade 2 video cassettes for 1 record album in production . On the other hand, the RPT in firm A is 1. Assume that each firm's RPT is constant over all possible output combinations.
If firm A produces 100 record albums and 100 video cassettes, how might firm A be made better off by shifting its output mix? Explain your reasonings clearly.
Explain when Bank of Maryland will exercise the option. What is Bank of Maryland's break-even 60-day spot price on the option contracts? On the futures contracts.
increase because the total amount of human capital in the country will increase as the new owners learn how to farm.
Calculate the new cost earned by sellers, the cost paid by clients, as well as the equilibrium quantity sold in the market.
Assume to there are two segments to the market for rental cars. The Demand for rental cars by trade travelers
A fairer distribution of rewards may generate a higher average productive effort on the part of the population in that way enhancing efficiency.
Explain how does the existence of money reduce the costs of making transactions relative to a society based entirely on barter.
Find out the Nash equilibrium prices of the procedures at the hospitals. find out the profit maximizing monopoly prices of the procedure at each hospital.
explain how changes in equilibrium occur as a result of changes in fiscal and monetary policy.
Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers.
Advantages and disadvantages of cigarette money in this prison economy in terms of these 6 criteria.
Give an economics analysis of that liability standard for product-related harms.
Compute nominal GDP, real GDP also the GDP deflator for each year, using 20010 as the base year.
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