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Which of the following would NOT produce an outward shift of the production possibilities curve?
A. an upgrading of the quality of a nation's labor resources
B. the reduction of unemployment
C. an increase in the quantity of a society's natural resources
D. the improvement of a society's technological knowledge
q1. referring to the output and substitution effects explain why an increase in the wage rate for autoworkers will
What kind of economies come from reductions in cost due to adoption of technology that has high fixed costs, but lower variable costs?
hire many more employee than were available on the island. As a result, prices for goods and services rose dramatically across the board.
Suppose you are told that price of Toyotas' has increased from last year as has the number bought and sold. Is this an exception of the law of demand, or has there been a change in demand or supply that could account for it.
The private marginal benefit associated with a product's consumption is PMB=360-4Q and the private marginal cost associated with its production is PMC=6Q. Furthermore, the marginal external damage associated with this good's productions is MD=20. Cal..
You are the manager of a business in a competitive market and your production technology is described by the total cost function. Determine the optimal quantity to produce and compute the profit of your business. Determine the optimal quantity to pro..
How much is she actually paying the credit card company, including interest, when her credit card is paid off?
q1. many small boats are made of fiberglass that is derived from crude oil. suppose that the price of oil rises.a.
find a transformation of the data to be able to use the same data to estimate a model that satisfies the Gauss-Markov assumptions. be clear and explicit about the process. clearly explain why the transformed model meets the Gauss-markov assumptio..
HOW can different investment vehicles affect the risk and returns of the pension fund? What are the pros and cons of using international investment vehicles, real estate, and alternative asset vehicles in a pension investment portfolio?
Keeping in view the law of supply how the following factors will shift the supply curve? each answer must be supported by diagram?
Between two production technologies firm can choose a new product line. If it installs expertise 1, it's annually costs.
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