Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A decision at the margin Bob is a hard-working college freshman. One Tuesday, he decides to work nonstop until he has answered 150 practice problems for his economics course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem. Time Total Problems Answered 8:00 AM 0 9:00 AM 60 10:00 AM 105 11:00 AM 135 Noon 150 The marginal, or additional, gain from Bob’s second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Bob’s fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant in Bob’s economics course gives him some advice. “Based on past experience,” the teaching assistant says, “working on 22.5 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour.” For simplicity, assume students always cover the same number of pages during each hour they spend reading. Given this information, in order to use his 4 hours of study time to get the best exam score possible, how many hours should he have spent working on problems, and how many should he have spent reading? 0 hours working on problems, 4 hours reading 2 hours working on problems, 2 hours reading 3 hours working on problems, 1 hour reading 4 hours working on problems, 0 hours reading
What economic principle determines the optimal rotation period of a forest resource?
when final sales are larger than gdpa. inventories did not changeb. a net increase in inventories took placec. a net
You have been hired to manage a small manufacturing facility whose cost and production data.
The Olde Yogurt Factory has reduced the price of its popular Mmmm Sundae form $2.25 to $1.75. As a result, the firm’s daily sales of these sundaes have increased from 1,500 per day to 1,800 per day. Compute the arc price elasticity of demand over thi..
Suppose, on the other hand, that the second country retaliates with an export subsidy of its own.
How does virtue theory apply to both the decision maker and the act under consideration by that party? Explain.
If producing a good generates pollution (a negative externality), from a social perspective ...
with the help of appropriate diagrams explain the following statement whether it is true false or uncertain an increase
What happens to assumptions over time and what makes the best budget assumptions and what happens to invalid assumptions?
In Solow model, what would happen to consumption (the difference between output and savings) if: - there is an increase in saving (investment)- there is an increasing in population.
American-based businesses become more global every day. With changes in national and international demographics, we are seeing many American businesses participate in the global workforce.
Assume that the market for beef in a small and isolated community is described by the following two equations: Q = -150 +150*P and Q = 600, where Q represents quantity and P is price. Similarly, assume that the market for beef is described by the fol..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd