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Country A has 3500 labor units and can produce manufactures and food. A’s producers take 2 units of labor to produce a unit of manufactures and 7 units to produce a unit of food. Country B has 2000 units of labor and takes 1 units of labor to produce a unit of manufactures and 5 units to produce a unit of food. At what price of food in terms of manufactures would A and B respectively supply food? Would trade take place between A and B in David Ricardo’s world? How many manufactures could B supply?
explain how would this change affects the optimal investment rule for the firm.
Despite being globally branded, Unilever still tweaked the Dove campaign from country to country. Elucidate why did it do this. What does this tell you about national differences in consumer behavior.
Explain how much tax revenue does this tax create. Illustrate what proportion of the tax is borne by consumers.
Illustrate what level of control variable are net benefits maximized. Illustrate what is relation between marginal benefit and marginal cost at this level of control variable.
The government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially before multiplier effects.
Illustrate what is the minimum price neccessary for this firm to produce any output in the short run.
Which of the subsiquent statements is (are) generally true assuming a mound shaped distribution.
What was the absolute amount of increase in real income? - Make your calculations of the percentage change in real income and the absolute change in real income using the approximation formula and using the more precise method with index numbers.
Identify which economic also political policies affect your firm also Explicate Explain how they impact business decisions.
Explains vicious cycle of poverty. Explain the difference between the economic growth also economic developments.
Suppose individuals require a certain level of food (x) to remain alive. Let this amount be given by X0. Once X0 is purchased, individuals obtain utility from food and other goods (y) of the form.
Large-demonic country time deposits $ 304 billion Currency also coin held by nonbanking public 438 billion Checkable deposits 509 billion Small-demonic country time deposits
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