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Probably the most important source of capital is human capital. For example, most medical doctors spend years learning to practice medicine. Doctors are willing to make large investments in their human capital because they expect to be compensated for doing so when they begin work. In Canada, the government nationalized the healthcare system and reduced doctors' compensation. Is this a form of post-investment hold up?
Suppose that the price of pumpkins in Austin has fallen by 10%, while total spending on pumpkins in Austin has gone up by 2%. Which of the following could explain those changes
What is the optimal level of production of wine decanters and what is the marginal revenue from the last wine decanter sold and what are the total revenue, total cost, and net benefit (profit) from selling the optimal number of wine decanters?
suppose there are two firms in a market who each simultaneously choose a quantity. firm 1s quantity is q1 and firm 2s
based on the information provided for the market for video games answer the following questions.priceq demandedq
. go to fred federal reserve economic data and search for pcecc96 real personal consumption expenditures - this is
a now add the public sector as represented by govt spending and taxes as in columns 5 amp 6 in table below.b calculate
you go to the movies one evening instead of doing your economics assignment and practice test. you get 70 percent on
There's quite a bit to be said about face-to-face interviewing for sure. But, there's also some drawbacks and you named two major ones: cost consideration and time spent (not to mention, manpower and location). what's one benefit of collecting da..
Determine what effect should each of following have upon demand for profitable music players in a competitive market?
a consultant gives you the following equation which represents the demand for new cars as a function of the price of
1. Describe Senator Reid's delivery style 2. What type of presentation is Senator Reid giving Is this the most effective style of presentation for this situation Why or why not
It can produce 100 cars with 200 workers and 50 machines, or it can produce 166 cars with 300 workers and 75 machines. Would you describe the manufacturer production function as exhibiting decreasing, constant, or increasing returns to scale? Explain..
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