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Show or explain using and example from an organization or industry you are familiar with the concept of average product and marginal product. Explain the relationship between marginal and average product using your example. Show or explain what would happen to the marginal and average product if there was a technological advance in your example what is that technology and how does it change the marginal and average product)? Please list any sources used
Which former Soviet republic currently a member of the Commonwealth of Independent States (CIS) has been the most economically successful in making this transition.
the quantity demanded of Cake is 100 slices and the quantity demanded of cheese bread is 100 pieces.
Idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
In which directions are they pushing or pulling the U.S. economy. Also, do you think the gap between real GDP and potential GDP will widen or narrow.
Describe the differences between the substitution effect of a wage increase and the income effect of a wage increase
There are no gains from reducing class size below 20 students, the relationship is constant in the intermediate range between 20 and 25 students, and there is no loss to increasing class size when it is already greater than 25."
Democratic Republic of the Congo grows at a healthy 3% per capita, how long will it take Democratic Republic of the Congo to catch up with Luxembourg.
Explain how more would cumulative spending increase as a result.
One example is deciding which side of the road to drive on. It doesn't matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt.
Notice it is assumed that Brian will spend at least 4 hours per week studying each of the 3 courses.
Consider the elasticity of supply. In the short run, a elucidate how many popsicles will be sold each day in the short run if the price rises.
find out an expression for her marginal cost and her average cost per patch of grass as a function of the amount of grass she gets from every patch
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