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As one moves down an isoquant (assume a normal, negatively sloped isoquant), what happens to the marginal product of labor? What happens to the marginal product of capital?
question 1.1. demand for a company product is q400-0.5p and tc2000050q3qsquare total profit is maximized at output
The following data applies for example problems 8.1 through 8.3. A company is considering the purchase of either machine A or machine B. machine A machine B initial cost $80,000 $100,000 estimated life 20 years 25 years salvage value $20,000 $25,000 ..
An investor estimates that investing €5 million in a particular venture capital project can return $40 million at the end of five years if it succeeds; however, she realizes that the project may fail at any time between now and the end of the fifth y..
At an initial point on the aggregate demand curve the price level is 125, and real gdp is 10 trillion. when the price level falls to a value of 120, total autonomous expenditures increased by 250 billion. the marginal propensity to consume is 0.75. t..
A monopolist operates in an industry where the demand curve is given by Q=1000-2p. The monopolist's constant marginal cost is 8 dollars. What is the monopolist's profit maximizing price? How much does the monopolist produce? What are its profits?
Allied Electrons must purchase a new automatic soldering machine to meet increased demand for its electronic goods.
Consider the AD/AS model of the economy built from the IS/LM, and assume that the SRAS is upward sloping. The economy is currently operating at the full employment level of output. What are the short-run effects of the decrease in the MPC? What are ..
Decreasing returns to scale occurs when a firm has to increase all inputs at an increasing rate to maintain a constant rate of increase in its output.
From an economist's perspective, an important consideration for policies to address global warming is: When a producer cannot get all consumers of their product to pay for enjoying it, such as in the case of a fireworks display, then we'd have a dema..
During the Great Depression, the Federal Reserve Board
In the year 2011 the prices at which producers sold their output were quite real to those producers. If they had tried to sell their products at 1983 prices their customers and stockholders would have rightly thought the producers had lost touch with..
part 1 truefalse questions. explain your answer fully.1. the risk treatment in the bene.t-cost analysis assumes risk
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