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A firm uses capital and labor to produce output according to the production function q= 4*(Sq Root of KL)
1. If the wage is w=$4 and the rental rate of capital r=$1, what is the least expensive way to produce 16 units of output?
2. What is the minimum cost of producing 16 units?
3. Show that for any level of output q, the minimum cost of producing q is $q
the quality of organizational decision making ultimately depends on innovative responses to opportunities and threats.
Through periods of inflation, all prices increase. Inflation rates differ across regions mainly because of differences in housing prices.
which will cause a larger short run increase in prices; an anticipated or unanticipated increase in aggregate demand? will they cause the same increase in prices in the long run?
It is common knowledge that governments all over the world are involved in providing education for their citizens. To gauge the effectiveness of public education,
The highest quantity of lobsters demanded and what is the marginal net utility (consumer surplus) when the market price is $ 4.00 per lbs. why?
You're a manager at the Chevrolet division of General Motors. If your marketing department estimates that the semiannual demand for the Chevy Tahoe is Q = 100,000 - 1.25P
the sec regulations require u.s. corporations to publish operating results on a quarterly basis. how does this short
Discuss how is it possible to change society, for Marx, through using relationship between economy on the one hand and the political environment on the other.
choose an industry of your choice. it must be from either canada or the united states of america. international
You plan to market a new clothing line. Develop a hypothetical customer profile for each of the following possible target market segmentation approaches: unsegmented strategy, multisegment strategy, and single-segment strategy. For each approa..
Local steakhouses suffer from the popularity of sushi and start incurring losses. What will happen to the number of steakhouses in town in the long run? Explain your answer.
What will the inflation rate be?
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