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Q1. If the marginal cost of planting and harvesting an acre is $7000 per acre for each of the five acres, how many acres should the farmer plant and harvest?
Q2. You are asked for advice by the government of a small, less developed country interested in increasing its rate of economic growth. You notice that the country has no financial markets. What advice would you give?
Illustrate what is the theoretical differences between ordinary demand functions and compensated demand functions.
Compare the two cases and summarize the effect of collateralization on the other terms of the loan. Does it increase or decrease the welfare of the borrower and the lender.
Explain how might a firm's resources limit its search for opportunities. Cite two specific examples for two specific resources.
Predict one major change in managerial accounting that may likely occur within the next 10 years.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
Merchandising What is the difference between a service and a merchandising business? Provide an example of each. What are three new types of merchandising accounts?
Elucidate how Elucidate how an increase in the marketplace demand elasticity affects the elasticity of the residual demand curve.
Assume that economy starts at equilibrium and mpc = 0.8. Illustrate what would be effect of a $500 increase in taxes once all rounds of multiplier process are complete.
Was there an ethical breach by Toyota in not coming forth when the problem with acceleration was first reported, or was it simply a series of poor business decisions Or was it both Substantiate your response. Given the current situation
Suppose the French suddenly develop a strong taste for California wines. What happens to the demand for dollars in the market for foreign-currency exchange What happens to the value of dollars in the market for foreign-currency exchange
Elucidate why might an economist be skeptical of Billy's discrimination complaint. Billy works for the local piano-moving company part-time after school.
Compute the unemploymet rate and the labor forceparticipation rate,and compare thse raes wth those in the United States in 2009.
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