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Technological innovations will cause:
a) the production possibilities curve to stay the same.
b) the production possibilities curve to shift to the left.
c) the production possibilities curve to shift to the right.
d) an economy to operate below its production possibilities curve.
e) the production possibilities curve to increase or decrease.
The opportunity cost of a new public highway is the:
Suppose the daily demand function for pizza in Berkeley is Q = 1,525 – 5P. The variable cost of making Q pizzas per day is C(Q) = 3Q + 0.01Q2, there is a $100 fixed cost (which is avoidable in the long run), and the marginal cost is MC = 3 + 0.02Q. T..
Choose one of the three pilot programs proposed by Kugler in the Hamilton Project policy brief reading. Do you think it will make a positive impact or not? Why? How do you think it will affect the taxes paid by your firm to finance unemployment insur..
Do you think the industry environment is significantly dissimilar today.
q. assume the united states exports 2000 computers at a cost of 3000 each and imports 200 uk autos at a cost of
What variables cause the long run aggregate supply curve to shift? for each variable , identify whether an increase in that variable will cause the long run aggregate supply curve to shift to the left or right
A firm that makes car parts wants to adopt pay schemes that will best motivate its various workers to be productive and they hire you as a consultant.
When a university bookstore prices chemistry textbook at $200 each, it generally sells 120 books per month. If it lowers the price to $160, sales increase to 160 books per month. Given this information, we know that the price elasticity of demand for..
According to the structure-conduct-performance framework, which of the following is not a characteristic of market structure
If inflation averages 4 percent per year and your return on an investment, based on then-current dollars (market rate) is 10.5 percent, what is your real return on investment?
Besides raising taxes and issuing debt, the U.S. government (Treasury Department) can also secure funds by borrowing directly from the FED. What is the potential danger of this route? What are the implications for investors and for public policy of e..
Japan's rapid growth pushed its real GDP per capita above that of the United States. Growth rates in follower nations such as South Korea and Hong Kong averaged about 10 percent per year.
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