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Suppose the production function of a firm is Q=100k^1/2 L^1/2. the corresponding long run cost curve was found to be TC=(Qw^1/2r^1/2)/50. Use this information to verify that Shephard's Lemma works when deriving the input demand functions.
What will price and output be if there is no dominant firm Now assume that there is a dominant firm, whose marginal cost is constant at $6. Derive the residual demand curve that it faces and calculate its profit-maximizing output and price.
Distinguish between the terms bundling, multidivisional, matrix and network organizational structures. Why is decentralization a good strategy? What are possible disadvantages of this strategy?
Suppose you make 30 annual investments in a fund that pays 5 percent compounded annually. If your first deposit is $7500 and each successive deposit is 5 percent greater than the preceeding deposit, how much will be in the fund immediately after the ..
Where P is the price of the product and Ps is the price of a substitute good. The price of the substitute good is $2.00. a. Suppose P = $1.00. What is the price elasticity of demand? What is the cross-price elasticity of demand?
What is the underlying message of the following lyrics from Keynes? [Keynes] Public works, digging ditches, war has the same effect. Even a broken window helps the glass man have some wealth.
when looking at a renewable resource such as fisheries explain what is meant by a sustainable yield. explain different
If so, how large a down payment did you make? Is the interest rate fixed or variable? If you pay the mortgage off early, are there prepayment penalties? Based on this answers to this question, would you classify your mortgage as prime, subprime, o..
A. Assume that ? = 1. What is the real interest rate, equilibrium level of output, consumption, planned investment, and net exports? B. Suppose the Fed increases r' to r' = 2. Calculate what happens to the real interest rate, equilibrium level of ..
how did reagan contribute to corporate restructuring? what was the impact of the merger movement on the american
you have been hired by nobody state university nsu as a consultant to help the university with how to increase their
Compute the IRR for each alternative
a countrys annual growth rates over a 10-year period are shown in the following table.year growth rate 1 5 2 3 3 4 4 -3
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