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Suppose that the production function for iPods is Q = 20K^0.5L^0.5. The marginal product of labor is 10(K/L)^0.5, and the marginal product of capital is 10(L/K)^0.5. Suppose that labor can be hired for $6, and capital can be rented for $9. If the firm has exactly $300 to spend on producing iPods, what is the maximum number of iPods it can produce?
The government begins providing health care subsidies for all Americans.b. Private investors become less optimistic about the economy.c. All overseas conflicts are ended and American troops return home.
q.use the following graph for yolandas frozen yogurt stand to answer the questions that follows.a. to compute the price
Elucidate how much the last input added to the total amount of revenue. Elucidate how much the last input added to the total amount of production.
If an economy experiences increasing prospect costs with respect to two goods, then the production-possibilities curve between the two goods will be.
To enrich an experience, we can pay attention to what ways an experience is new to you, such as previously overlooked nuances in gratitude. According to Hansen, being able to access a positive mental state is NOT essential for well being and coping.
Communication Flows in organisations. Give an example of a communication for each of the 4 flows. Explain your answer.
A free-market republican argues against the Pigouvian tax by pointing out that the conditions necessary for the Coase Theorem to produce an efficient equilibrium are present in this situation. Assuming that the republican is correct, describe two met..
Mari Sue, who is 16, crashes her mother’s car. Her mother is responsible for the damages caused by her daughter under A. contributing to the delinquency of a minor law. B. family car doctrine. C. failure to exercise proper supervision law. D. none of..
Currently what indictors are evident that There is too much or too little money within the economy? How is monetary policy aiming to adjust This?
What is the purpose of having different types of procedures (e.g. pleadings, motions, and discovery) in litigation? Are some procedures more important than others? Do all these procedures just create an atmosphere of gamesmanship in litigation? Do th..
Explain the difference between ex-ante and ex-post real interest rate. Why don't investors know the ex post rate when they make their initial investment?
Sketch a supply-demand graph for sunflower. Identify the price and quantity sold on the axes. Now draw a second demand curve to the left of the first. What happens to the price? What happens to the quantity sold?
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