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Construct a PPF for a country that produces food and video games and faces increasing opportunity costs. Show how the PPF changes given the following events.
a- A new and better fertilizer is developed
b- The country receives immigrants who work both in the food and video game industry.
c- A heat wave and a drought result in a reduction of 10% in the land that is being farmed.
d- Programmers develop a new programming language that that is much less costly to code and is much more memory-efficient.
Homo sapiens production possibilities curve have shifted outward to the right much more rapidly than that of Neanderthals
Do multinational Company exploit host countries that covet technologies and entrepreneurial skills that the multinationals provide?
Susan was given 2 packs of bubble gum and 30 hats, and Cathy was given 8 packs of bubble gum and 10 hats. Susan and Cathy derive utility from hats and bubble gum from the following utility functions: Susan
You do not incur any cost to produce goods you sell and thus your profit equals selling price if you make a sell. Or three sellers do not have any costs either.
The company believes that the tractor units can be sold at the end of five years of use for 25% of the original purchase price. What is the maximum purchase price the company can pay for the tractor if it's after tax MARR is 12% per year?
suppose bob considers borrowing 100 from sheila at a 10 percent interest rate. they both think that a 4 percent real
If the economy decides to achieve the Golden Rule level of capital also actually reaches it, illustrate what will be the marginal product of capital.
q.assume that an economy characterized by m 6000 billionv 2.5p 100a illustrate what is the real value of output q?
Suppose that spending an extra $2m on advertising by GE will reduce its expected profits by $1.5 m, regardless of whether Maytag enters or stays out. Would this additional spending on advertising achieve the effect of deterring Maytag from enterin..
Describe the rationale behind arriving at figures for the natural rate of unemployment, stable prices, and sustainable economic growth.
Given the current condition of the United States economy, do you think United States rule makers would prefer to see the $ increase in value, reject in value or stay at its current value?
Do you feel that it is possible to develop a universal set of ethical standards for business, or do you believe that cultural differences make universal standards impractical and/or impossible?
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