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question:For a labor market in a city or region assume that wages under bad times is 100 and under good times is 150. Let labor demand under bad times be 80 and under good times be 100. Assume that the price of the output good is 2,000 under bad times and 2,800 under good times. Also let MP=5-3.2L and is the same under good or bad times. Further assume that there is a 50/50 change of having good or bad times. Please produce the following:a) the output, revenue, and profits for a firm under bad times for a firm in isolation and in a pooled labor market.b) the output, revenue, and profits for a firm under good times for a firm in isolation and in a pooled labor market.
Consider a monopolist informal moneylender and competitive formal creditors who lend to farmers. illustrate what are the interest rates.
Explain why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command and control system.
Discuss the probability that the annual net cash flows will be negative. Determine the probability that the annual net cash flows will be less than $20,000.
It is a hot day also Bert is thirsty. Here is value he places on a bottle of water.
If the resource prices return to original levels, but a new technique is invented that can produce.
biolyses is a biotech division of alphacon pharmaceuticals. in its 8 years of survival biolyses has had only one drug
Suppose the short-run production function is q = 6L^2. If the wage is $12 per unit of labor, then: What is the average variable cost?
q1. edison electric companys president has been arguing that residential electric rates need to be raised relative to
If they close, then they only have the fixed costs. On a graph, we would have to compare the price with the average variable cost. What decisions need to be taken into consideration to determine if the business should remain open or close down
Identify the resulting consumer and producer surplus using the "Final" (surplus) shader tool.
how does corporate sponsorship affect the demand for the sponsor's product? why have so many companies purchased naming rights rather than purchase time to broadcast commercials during football bowl games ?
Borrowing in the form of debt is riskier than borrowing in the form of equity. Explain why this is true.
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