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Q. can a function exhibit increasing returns to scale and diminishing marginal product at the same time?
Q. a bear that weighs 4000n gasps a vertical and slides down at constant velocity. what is the friction force that acts on the bear?
Compare the competitive price charged and quantity produced under perfect competition and monopoly. Other than identifying the presence of only one producer under monopoly, why do we tend to see this differential.
Assume to fruit-picking can be done by children or adults, but to adults are twice as efficient as children
What is the point forecast of sales in the next time period? What is the 95% forecast interval for the next period’s sales figure? (use z = 1.96)
Illustrate what is the shape of an indifference curve if there are economic bads on both axies.
The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department.
A persone has a choice between an apple or an orange. the persone chooses the apple. Elucidate what is the opportunity cost of choosing the apple.
Calculate the firm's optimal output and profits if prices rise to $65 per unit and also calculate equilibrium output, price and profit levels if the firm is typical in its industry.
Explain how to encourage people to spend more to increase aggregate demand and create employment possibilities.
Calculate the amount of former foreign monopoly profit that is transferred as tariff revenue to the home country when the home country imposes the tariff.
Rusal believed the price of aluminum would fall because of the growing accumulation of inventories worldwide.
Illustrate what was the value of the government expenditure multiplier. What was the value of the tax multiplier.
Examine the key factors affecting the demand for and the supply of a good or service
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