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Is there a production function with two outputs using a single input ("money") with increasing returns to scale but dis-economies of scope?
find the country with largest budget deficit and largest budget surplus in this list the budget deficit is called the Budget Balance.
Economists say that excess capacity in monopolistically competitive markets is "the cost to society of variety." What is the cost that economists are talking about, and why is this cost the result of having a variety of goods and services?
Research suggest that the relatively higher rate of growth of output per capita in rich countries between 1985 and 2009 was the result of which of the following?
q.the pbp company acquired a warm n cook heat treating furnace so that it can properly heat treat parts for its high
Find the marginal rate of substitution when Maggie consumes all her endowment.
Television production requires 100 hours of labor and 20 acres of land. Rice, on the other hand, requires 2 hour of labor and 4 acres of land for every pound of rice produced. What is the pattern of trade between these countries as predicted by the H..
Sally Stanford is buying a car that costs $12,000. She will pay $2000 immediately and the remaining $10,000 in four annual end-of-year using constant principal payments. The annual interest is 15%. Prepare a cash flow table to represent this situatio..
The Olde Yogurt Factory has reduced the price of its popular Mmmm Sundae from $2.25 to $1.75. As a result, the firm's daily sales of these sundaes have increased from 1,500 per day to 1,800 per day. Compute the arc price elasticity of demand over thi..
South western Moving and Storage (SMS) buy a large-capacity trailer truck for $115,000 to provide short-haul earth moving services. SMS is planning selling the truck in seven years for a price of $45,000. Determine the engineering economy symbols and..
Why do Caterpillar and your parents have different opinions about the value of the dollar.
Modern comparative economists would object to the definition of economic systems only in terms of property ownership arrangements,
Americans consume about 375 billions gallons of gasoline every day, and the corresponding price-demand equation was estimated to be x=f(p)=675-75p. Use E(p), the Elasticity of Demand to determine the price interval over which raising the price of gas..
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