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Given a production Yt=(Abar)Kt^(1/3)Lt^(2/3) and K*=1000 and Abar=3/2. and also there are Lbar=1000 workers who supply labor in elastically. What does the long run model say wage in this economy is?
If the number of trucks (K) decreases by 10% next year, how much will output (Q) decrease? What type of returns to scale is consistent with the above production function?
there was a month in which employment and the unemployment rate both rose. Assuming the computations were correct, how is it possible for both to have increased.
Air transport for businesspeople and tourists
What is the current minimum wage in IL and based on research what possible implications would an increase in the minimum wage post to the state of IL? Based on research and critical analysis what is the root cause of the great minimum wage increase d..
If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.
In Managerial Economics, Applications, Strategy, and Tactics, if contract promises were not excused because of acts of war, would the clearing and settlements clients of Bank of New York change their behaviour
If government industry regulators underestimate the degree of competition in an industry are they likely to over-regulate the industry? Explain.
To what extent can Rolls-Royce's strategic approach can be best categorized as "Deliberate" or as "Emergent"? Explain your answer and explain Porter's five forces framework and suggest to what extent it has helped Rolls-Royce to better analyze its ..
Illustrate what is the change in quantity of money that will eventually result. Assume that the currency drain in 0.15 and the desired reserve ratio is 0.05, and show your calculations
Chief Executive Officer (CEO) Pay There are several possible methods for determining the pay of CEOs in large corporations.
Would Boeing's margin likely rise or fall if the yen then depreciated as well as competitor prices were unchanged.
q1. explain the essential distinctions among the stages-of-growth theory of development the structural change models of
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