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A shirt company spends $1,000 per week on rent for its factory. Each shirt made at the factory requires $2 worth of cloth and $8 worth of labour and energy. Answer the following questions assuming that the factory produces 500 shirts per week.
a) What is the average cost of a shirt?
b) What is the marginal cost of a shirt?
If the price level remains constant by Explain how more will real output increase.
Suppose which in the 1990s, the average retail price of a roll of Kodak film was $6.95 also which Kodak's marginal cost was $3.475 per roll.
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed. What are the different price points.
Illustrate what is happening to the U.S. real exchange rate in each of the following situations. Explain. The U.S. nominal exchange rate is unchanged, but prices rise faster in the U.S. than abroad.
Illustrate what should the U.S. Congress and the Federal Reserve do about it. Write your individual answers to both questions listed above together not each minimum 300 words in essay format in APA style.
If you fail to make your payments to TV Land, do they have a claim to your Calculate. Does TV Land or Calculate Land have to file a financing statement.
Assume Okun's law holds also a one percent (%)age point rise in the unemployment rate reduces real output by 2% of full-employment output. The expectations-augmented Phillips curve.
Explain how many hours of leisure does she consume. How many dollars of consumption does she consume.
The company wants to replace office equipment like machines and computer at assorted times over the five year planning period.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit?
Assessing the development of the discipline from today's perspective, how would Keynes's impact compare with that of your candidate.
Find out the expected number of points resulting from the one on one. Compare this with the expected number of points from a two shot foul, where the second shot i always given.
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