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Q1. Y = F(K, L) = A K0.4L1.0
a) Calculate the marginal product of labor (MPL)
b) Does this production function exhibit diminishing marginal product of labor? Please explain your reason.
Q2. Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country.
Q3. Suppose the current equilibrium price for American cheese is $1.00 per pound. Suppose the French suddenly develop a preference cheese of American. Explicate the impacts of this unlikely development on all the relevant markets.
If a competing cinema reduced its prices by 10%, how would you expect this action to affect demand at Crown? How should the cinema determine an optimal ticket price?
Illustrate what money supply should the Fed set in year 2009 if it wants to keep the price level stable.
q.general cereals is using a regression model to estimate the demand as well as for twee tie sweeties a whistle-shaped
q1. jane wants to buy a beautiful doll as a gift for her sisters birthday. she knows that the same product is offered
As per to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company. Elucidate is a company violating the optimality rule.
Illustrate what impact might such a reduction in purchases of U.S. treasury securities have on the cost of short- also long-term financing.
it goes on to say that using 3 tools federal reserve manipulates the demand for and supplies of balances those
Roshima is researching universities where she could study for her MBA degree. She is considering 3 major attributes that she considers important in her choice
Illustrate what is equilibrium price of box. Is this long-run equilibrium price. Explain how many firms are in this industry when it is in long-run equilibrium.
q.the dodge city bank is planning its loans for the next several years and is using a model of loan demand developed
Now suppose that at the end of the year, Apple has sold 20.3 million iPhones. What was Apple's planned investment? What was apples actual investment?
Numerous times in the lectures labelling the vertical axis as euro per $ and the initial supply and demand curves labelled with 12/07, Label this initial point as point A.
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