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Explain the difference between the marginal product of a factor and the marginal revenue product of a factor. What factors would change a factor's marginal product? Its marginal revenue product?
Which country has the most unequal distribution of income. Suppose that country wanted to defend its high inequality. Give one argument that country might use to say that inequality can be a good thing
Discuss leadership models in one page
Given the below supply and demand equations for computers, The company decides to increase its marketing expenses to boost its sales and the new supply equation is P = 90 + 3Q and the new demand curve is P = 280 – 2Q. Discover the new equilibrium pri..
suppose that the reserve requirement is 10 and the balance sheet of the peoples national bank looks like the
suppose your community has one dominant insurer that negotiates with a bunch of hospitals in your market where a bunch
If unemployment insurance were so generous that it paid unemployed workers 90% of their regular salary A. the official unemployment rate would probably understate true unemployment. B.
A monopolist is currently producing a level of output where Price = $110; Marginal Revenue = $10; Quantity = 100; Total Cost = $15,000; Marginal Cost = $10; Total Fixed Cost = $4,000. to maximize profits in the long-run, the monopolist should do.
Use the Mundell-Fleming model to predict what would happen to aggregate income, the exchange rate, and the trade balance under both floating and fixed exchange rates in response to each of hte following shocks.
What do you understand by the term "contemporary international division of labour"? In your answer discuss how it is affecting patterns of production and distribution both between and within the developing and developed worlds.
A pipeline constructed of carbon steel failed after 3 years operation. On examination it was found that the wall thickness had been reduced by corrosion to about half the original value. The pipeline was constructed of nominal 100 mm (4 in) schedu..
Describe the business cycle and its primary phases.
fatality rate on the regulation dummy variable and a trend term gives the results in Figure 21.11.6. Explain why the coefficient estimate for R changes. Be sure to discuss the relationship between R and Trend in your answer.
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