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A new OSHA rule requires that welders be given 2 hour break for every 2 hours of work to prevent carpel tunnel syndrome. Using production theory, explain what will happen to the capital labor ratio in both the short run (when capital is fixed) and the long run.
according to the national bureau of economic research a poor family is the one whose income falls below one-half of the
Suppose you are to specify a short-run total variable cost function for a nursing home. Explain the variables you would include in the function.
Dene Gross National Expenditure in words and state it in equation form. 2. Dene the trade balance in words and state it in equation form. 3. Dene net factor income from abroad in words and state it in equation form. 4. What is Gross National Income e..
The costs of manufacturing steel declined substantially from building a conventional hot rolled steel mill down to new mini mill technology that need only scrap metal,
Does it appear as though this firm is pricing its automobiles optimally? Why or why not? What advice would you give this firm with regards to its pricing policy and what would be the effect on the U.S. dollar-euro
1. consider an economy described by the production functiony fkl k3l7a. what is the per worker production function?b.
Assume there is an imperfect capital market. Draw a graph to show the optimal years of schooling for an individual with high access to funds but of low ability and an individual with low access to funds but with ..
The demand for energy in the United States is often described as persistently non-cyclical and not sensitive to prices effects. Describe the effect of each of the following on the demand or supply for gasoline.
Some news reports have suggested that the proposed tax would increase cigarettes prices by $1.00 per pack and be paid by smokers (cigarette buyers). Using (separate) competitive supply and demand diagrams of the cigarettes market carefully show an..
Suppose that raw materials (input R) are fixed at 10 units. Determine the number of units of input L that maximizes the total product function.
identify and describe in detail the four vital functions of money in detail. give real world examples of each of them.
news analysis. analyze a news from a global newspaper financial times newsweek or a similar one delivering a report
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