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Q1. Suppose that businesses buy a total of $100 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. If households receive $60 billion in wages, $10 billion in rent, and $20 billion in interest explain how much are households paid for providing entrepreneurial ability?
Q2. What is the total surplus if from Carlos, Bob buys a unit, if from Courtney, Barb buys a unit, if Bob buys a unit from Chad? If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved?
Explain how should it be allocated. Explain hardwood usage in the two lines of product are.
What does the vertical distance between the horizontal axis and any point on a pure competitors demand curve measure.
Find ticket price that maximizes revenue. Find profit-maximizing expenditure on players and profit-maximizing fraction of games to win.
Why and under what situation should a company continue to operate when getting negative economic profits
Identify and then explain the two most important elements of a contract that every manager should know about. Support your answer with an example or rationale.
If you fail to make your payments to TV Land, do they have a claim to your Calculate. Does TV Land or Calculate Land have to file a financing statement.
The higher the percentage of debentures, the greater the risk borne by each debenture, and thus the higher the required rate of return on the debentures.
Little Kona is a small coffee company that is considering entering a marketplace dominated by Big Brew.
q.suppose that a banks customer deposits 4000 in her checking account. the required reserve ratio is 0.25. what are the
Illustrate what should be the construction level if fixed costs rose to $48,000 per month?
Calculation of the unemployment rate and part time workers who would prefer to work full time.
Indicate two public policies that would be appropriate for addressing this situation. Explain their impact on your graph.
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