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a. What is endogenous growth? How do endogenous growth models differ from the neoclassical models of growth?
b. How do the implications of an increase in saving with regard to both the level and the growth rate of output differ between the neoclassical growth model and the basic endogenous growth model?
Consider all the key drivers of performance, such as company profit or loss for both the short term and long term and how each factor influences managerial decisions. Be sure to show the calculations that helped you reach your conclusions.
Explain how will this affect wages and number of workers in home construction. How will this affect the cost of building a home.
You are a manager in a perfectly competitive market. The price in your market is $35. Your total cost curve is C(Q) = 10 +2Q +.5(Q^2). What level of output should you produce in the short run? What price should you charge in the short run? Will you m..
Suppose the monopolist is regulated to charge a rate which covers all unit cost and total cost, what is this rate and how many units will the monopolist produce?
Discuss the predominant pricing strategy within the video game industry. Make sure to comment on the degree of market power (i.e., the ability to set price) possessed by firms in the market/industry. Consider the role of pricing practices such as pri..
Illustrate what is the Consumer Surplus in the market. Illustrate what is the Producer Surplus in the market.
Identify and discuss at least two economic phenomena for which the linear-in-parameters/linear-in-variables regression model may not be appropriate (besides any mentioned in the text). Select an economic phenomenon and determine which of the models d..
Give an example of an event or incident that has taken place in the U.S. economy which has a major economic impact--be specific, e.g., 9/11 attack, natural disaster, rise or fall in oil prices due to OPEC policies, consumer optimism or pessimism abou..
Everyone who has baked with the new flour loves it, but she is having trouble getting potential consumers to the desire stage of the AIDA concept.
Suppose individuals require a certain level of food (x) to remain alive. Let this amount be given by X0. Once X0 is purchased, individuals obtain utility from food and other goods (y) of the form.
How do changes affect the equilibrium price and quantity of SUVs if pay increase for workers at car companies. What is the shift in the Supply and Demand Curves and provide a brief explanation of why each change occurs.
Explain how is the activity reflected on the balance on current (BCA) account different from the activity reflected on the capital and financial accounts (BFA).
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