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Q1. Suppose that you can schedule a worker up to four hours per day. The benefit function is given by B(H) = 500H - 22.5H2 and the cost function is given by C(H) = 100 +15H2. The corresponding marginal benefit and marginal cost functions are given by MB(H) = 500 - 45H and MC(H) = 100 + 30H. What is the best choice of hours for this worker?
Q2. Is the price mechanism of a perfectly competitive market a good mechanism to allocate gasoline?
We have a bond issue currently outstanding that has 25 years left to maturity.the coupon rate is 9% and coupon are paid semi annually.the bond is currently selling for $908.72 per $1000 bond what is the cost of debt
This graph shows an aggregate demand curve and an aggregate supply curve for an economy with no exports or imports. Adjust the position of one or both curves to elucidate graphically the scenario described.
Illustrate what is the proper role of unions. Why are they declining in membership and influence in the economy.
Explain what percentage change in the price of each of the three goods. Using a method similar to the consumer price index, compute the percentage change in the overall price level.
Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers.
Clarke's workers are highly skilled artisans with a great deal of job mobility. What impact would the wage increase have upon the firm's employment.
q.suppose that a professor p has recruited a teaching assistant mr. a. professor p needs to increase her payoff
This assignment is based on an article published in The Economists' Voice by Cass R. Sunstein, titled 'The Precautionary Principle as a Basis for Decision Making', in Volume 2, Issue 2 , 2005. The article and rubric (i.e. assessment criteria) are att..
Illustrate what would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a level of production.
Producing nations outside the organization, like Britain and Norway, should do their share and cut production.
Calculate a marginal cost as well as an average cost schedule for the firm.
Green home is define as an Energy Efficient Home using Energy Star Rating. The cost doesn't have to be exact, all I need is how to formulate my Cost Benefit Analysis and how to compute my ROI or Pay Back Time.
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