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Suppose a firm with a production function given by Q = K0.25L0.75 produces 1,500 units of output. The firm pays a wage of $50 per unit and pays a rental rate of capital of $50 per unit. To produce 1,500 units of output, the firm should use:
a. 1.25 times as many units of capital as units of labor.
b. 16 units of capital and 6,814 units of labor.
c. equal amounts of labor and capital.
d. 3 times as many units of labor as units of capital.
The mean rating for 276 boys with the disorder was reported as 2.36 with a standard deviation of 1.07. (Round your answers to four decimal places.)
The supply and demand curves are: Qs = -800 + 15p and Qd = 3200 - 25p. Solve for the market equilibrium. Now suppose a tax of $20 per unit is imposed on consumers. What are the new equilibrium quantity, buyer's price and seller's price? What is tax r..
Write a 1,200-word report on Luxembourg recommending an off-shore country and support your choice with the following data:
Oceanside also has a profit margin of 15%. What is Oceanside's AU ratio?
Upon graduation, you realize you have three options: you can take a job as a computer programmer, take a job as a coal miner, or remain unemployed and play video games all day. As a coal miner, you would create value of $3,000 per week, and receive d..
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Explain how is world currency valued against the US dollar such as Euro and Chinese.
Suppose the number of firms you compete with recently increased. You estimated that as a result of the increased competition, the demand elasticity
Compare the risks of borrowing in the form of debt and receiving FDI in the form of equity. If debt is generally considered more risky to borrowers than equity, why is so much borrowing by foreign nations in the form of debt rather than equity?
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