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Use AD-AS diagrams to explain the short-run and long-run effects of each of the following events on output and the price level. Assume that policymakers take no action.
a) A severe earthquake damages factories along the west coast
b) Stock market crash
1.the accountants hired by davis golf course have determined total fixed cost to be 75000 total variablecost to be
Suppose that $4000 is placed in a bank account at the end of each quarter over the next 10 years. What is the future worth at the end of 10 years when the interest rate is 9% compounded at the given intervals?
Assume each worker is paid $10 per hour and works a 40-hours week. How many workers should the firm hire if the price of the output is $ 10? Suppose the price of the output falls to $7.50.What do you think would be the short-run impact on the firm..
a buyer for a large department store chain must place orders with an athletic shoe manufacturer six months prior to the
Suppose labor costs are 17.5 percent of revenue per vehicle for General Motors. In union negotiations during the late 1990s, GM attempted to cut its workforce to rise productivity.
If many random samples of size n = 4 were collected, and in each case the sample mean was calculated, how would these sample means fluctuate? (i.e. what is the expected value of the sample means and what is the standard error?
suppose that the cost of capturing a cockatoo and transporting him to the united states is about 40 per bird.
a. each individual determinant analyzed for your situation with examples applicable to your situation and research
Small firms can discover the abilities of their workers more quickly than large ones because they can observe the workers more closely at a variety of tasks. Does it then make sense for people with high abilities to go to small firms
getting to know the industry in which a company operates is a critical factor for leveraging information systems and
jasmines snack shop sells two brands of potato chips. she produces them by buying them from a wholesale supplier. brand
Write the expression for this firm's Total Revenue and write the expression for this firm's marginal revenue - what is the profit maximizing (or loss minimizing) level of output
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