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Q1. Angie Silva recently opened The Sandal Shop, a store that specializes in fashionable sandals. Angie has just received a degree in business and she anxious to apply the principles she has learned to her business. In time, she hopes to open a chain of sandal shops. As a first step, she has prepared the following analysis for her new store:
Q2. Suppose the production function is given by Q = 3K + 4L. What is the marginal product of capital when 5 units of capital and 10 units of labor are employed?
Q3. The Interior Department recently announced that it will increase the entrance fees at Yellowstone National Park in order to increase park revenues.
Assume that marginal utility of good A is 4 times the marginal utility of good b. The firm can compute all points on its total cost curve if it knows.
Ilustrate what is the marginal propensity to consume (MPC).
If Professor Mamuns contract pays $100,000 every year for next 6 years, what is future value of this contract at 5% discount rate. What is present value of contract.
q1. give examples of 7 elements of client value systems time cost quality environment impact resaleexchange self
Illustrate what were you thinking about the economy in 2005 and did you ever foresee a crisis of this magnitude.
Elucidate how do you find the angle of the ray the isoquants are on. One more unit of capital does the firm no good. Draw the isoquants for this production function.
Enron will be an example of a dysfunctional company for many years to come. It was clearly a company riddled with fraud also excess
John’s preferences over toothpaste (good 1) and beer (good 2) are represented by utility function u = ln x1+ x2. Prices are given by p1 and p2, and he has income of m. What fraction of his income does he spend on toothpaste?
compute the test statistic. at 95% confidence test to determine if the is a significant difference in the means of the 3 populations.
In the country of Sildavia, a market basket of goods and services cost $ 130 in 2003, $ 140 in 2004, and $160 in 2005. Based on this information and considering 2003 as the base year, inflation from 2003 to 2005.
Panel B shows how the demand for X shifts when the price of related good Y increases from $60 to $68. Use the information in Panel B to calculate the cross-price elasticity. Are goods X and Y substitutes or complements?
An engineer borrows $17,500 to make some repairs in his home. He must repay $378.56 a month for 5 years. What is the nominal annual interest rate Based upon continuos componding?
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