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If a good is non-rival and non-excludable, it will never be produced by the private sector (i.e., public sector intervention is required in order for a non-zero quantity of such a good to be produced). Clearly explain why this answer is false.
question 1. the jkl corporation the pqr corporation and the xyz corporation have an oligopoly in making widgets a
Suppose labor costs are 17.5 percent of revenue per vehicle for General Motors. In union negotiations during the late 1990s, GM attempted to cut its workforce to rise productivity.
It may be reasonable to believe that human-level machine intelligence has a fairy sizeable chance of being developed by mid-century, and that is has a non-trivial chance of being developed considerably sooner or much later;
Does autocorrelation have the same effect on the sampling distribution of the percentage of made free throws if µ=0.8? Describe your procedure in answering this question.
if the government becomes more heavily involved in subsidizing some businesses and sectors of the economy while levying higher taxes on others, how will this influence the quantity of rent seeking how will this affect long term growth
The real wage that gets negotiated is:W/P = 1 - 2u , where u is the fraction of the workforce unemployed. What is the equilibrium fraction of the labor force unemployed?
What are public saving, private saving, and national saving? Solve these equations for the equilibrium values of C, I, NX, and Explain what you find using a graph.
Consider a production function of three inputs, labour, capital and materials, given by Q = LKM. Let w = 5, r = 1, and m = 2, where m is the price per unit of materials.
Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20%. Households deposit $10,000 in currency into a checking account at the bank and that currency is added to reserves. What level of excess reserves..
ac inc. has a monopoly in the market for little green houses. acs total cost function is 100000.10y2 0.10 y squareand
questionnbsp the table sets out the demand and supply schedules for chewing gum.pricecents per packquantity
Sketch the regions where the vector field points in different directions. What are the equilibrium points for this system?
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