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An assembly line can produce 60 units per hour. The line's hourly cost is $3600 on straight time (the first 8 hours). Workers are guranteed a minimum of 6 hours. There is a 50% premium for overtime and productivity for overtime drops by 5%. What are the average and marginal costs per unit for the following daily quantities?
a) 300
b) 400
c) 500
d) 600
Identify and describe the five sources of growth? Mention and explain four categories (types) of policies designed to promote growth.
What do we call a graph that shows the combinations of output that the economy can possibly produce given the available factors of production and the available production technology?
country y has a fixed peg against the us. this decision was made in year t-3 to counter sticky double-digit inflation
The problem belongs to Macroeconomics and the Macroeconomics is the study economics at aggregate level. There are different factors that impact the macroeconomic conditions.
Draw an Edgeworth box depicting the feasible allocations of state 1 consumption of m and state 2 consumption.- Identify the ex ante Pareto efficient allocations 1.
What is labor market behavior? What are the positive and negative aspects of this? What is legislative environment in labor market behavior?
Draw the daily budget constraint without any program participation for the single parent described above. On the same graph, draw the daily budget constraint under The Texas Family Assistance Program for the single parent described above.
Define the US Bureau of Labor Statistics official unemployment rate and briefly explain major shortcomings of the official unemployment rate.
Explain demand for cassette players is price elastic also they are cyclical normal goods.
explain briefly what the covered interest parity cip and uncovered interest parity uip arbitrage conditions are and how
Define what it means when a bond is callable. Provide two measures you can review to understand what type of returns to expect if the bond is called or if it is not called.
Should the government set a goal of reducing the marginal social cost of pollution to zero in industries with fixed-production technology? Should they do so in industries with variable technology?
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