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Q. Depreciation capital stock and gross investment. Assume capital depreciates at 10 percent a year. Economy A has 1.000 units of capital while Economy B has 2,000 units of capital. Illustrate what must Gross Investments be in Each Economy to keep capital stocks Constant?
illustrate what is which industry's marginal revenue as it increases o/p from 1300 units to 2200 units.
Believe that they must be able to explain people's tastes in order to elucidate what happens when tastes change.
Elucidate why does the government create monopoly power via its patent system, when elsewhere it spends millions trying to prevent the emergence of or regulate monopoly power.
Illustrate what is level of utility the person will attain on a daily basis. Illustrate what will be the average level of utility attained per day during the year.
Elucidate the price also quantity that maximizes the company's profit.
Illustrate why might Fourth of July fireworks be considered a public good. who should pay for them. what about airport security.
Compute the company's total costs, and graph the revenue curve and the total cost curve. Do the curves have the shape you expect. Over what range of production is the company making pro ts.
Can we say confidently whether good X is a normal good or an inferior good.
Peggy-sue's cookies are the best in the world, or so I hear. She has been offered a job by Cookie Monster.
The 1st way is simply to utilize the price of the product in the exporter's home marketplace as the fair marketplace value.
John Adams wrote his wife that his office is the "most insignificant office that was the invention of man."
Ilustrate what is the marginal product of capital and labor. Does the answer depend on how much labor and capital are used.
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