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You produce goods in a competitive market. You discover that the marginal cost of the last good you produced is the same as the market price for the good. You should:
A) decreases production of this good.
B) increase production of this good.
C) stop producing this good.
D) not change your production.
Suppose that a firm’s production function is given by Q = KL + K. At point A, the firm uses K= 3 units of capital and L = 5 units of labor. At point B, along the same isoquant, the firm would only use 1 unit of capital.
What are the disadvantages of setting up a private option in the Beveridge model?
Compare the magnitude of the percentage in the rental on capital with percentage change in wage in part 1. Use notation format.
What would the following contracts look like on a graph where the total income is on the horizontal axis and the number of tasks is on the vertical axis?
In December 1994 a man in Ohio decided to deposit all of the 8 million pennies he’d been saving for nearly 65 years. (His deposit weighed over 48,000 pounds!) With a reserve requirement of 10 percent, what will be the cumulative change for the bankin..
When a computer firm is producing a level of output at which MC is greater than price, from society's standpoint the firm is producing too
For each of the following goods, give your best estimate of its most likely degree of rivalness and (relative) exclusion cost, using the definitions of these variables and the information in the course notes on externalities and public goods.
q1. options traders appeared to be taking a bullish approach to target.illustrate what does a bullish approach mean?
Explain what the lock-in effect is for capital gains that are taxed on realization. How can the effect lead to inefficient allocation of capital? b. Explain what a Roth I.R.A. is and show how its availability affects a competitive consumer's budget s..
Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment.
Elucidate the value of a trucker's life disguised by compensating discrepancy among the two firms.
estimating elasticity of demand please respond to the followingfrom the e-activity analyze the elasticity of demand for
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