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1. What do you mean by "quality (of capital) per worker"? How does improvement in quality of capital affect economic growth?
2.Explain how the law of diminishing marginal returns is related to the per-worker production function.
3.What is meant by industrial policy? Discuss the strengths and weaknesses of an industrial policy.
Assignment on Supply, Demand & Taxes, Supply, Demand, and Taxes, The market for tennis shoes exhibits the following supply and demand schedules:
Southcoast Oil's fixed costs are $2,500,000 and its debt repayment requirements are $1,000,000. Selling price per barrel of oil is $18 and variable costs per barrel are $10.
option 1 note the following is a regression equation. standard errors are in parentheses for the demand for widgets.qd
Many colleges sell special cards that students can use to purchase everything from textbooks or meals in the cafeteria to use of washing machines in the dorm. Students deposit money in their cards; as they use their cards for purchases.
why does the united states have so many laws acts and policies designed to prevent andor remedy discrimination in the
Consider an industry made up of 8 firms.the market shares of 6 firms are 10% each. The market shares of the remaining two firms are 20% each. would a merger between firms 1 and 2 be likely to be challenged by the government
on may 6 2010 the stock market suddenly swung a thousand points. nobody really knows why. but dennis berman in the
what are the capital (k) and labor (L) elasticities of production? What do these elasticities tell you? Log Q=-1.5+.52log k+.65log L
Firms like Papa John's, Domino's, and Pizza Hut sell pizza and other products which are differentiated in nature. While numerous pizza chains exist in most locations, the differentiated nature of such firms products permits them to charge prices a..
What happens to the level of output and the price level in the short run and in the long run c. According to Okun's law, what happens to unemployment in the short run and in the long run d. What happens to the real interest rate in the short run and ..
What are "normal" goods? Give an example in our current economy and what are "inferior" goods? Give an example in our current economy.
The demand for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Assuming these statements to be correct, How will a successful campaign that decreases the supply of drugs influence the price
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