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Suppose a firm is hiring 20 workers at a wage rate of $60. The average product of labor is 30, the last worker added 12 units of output, and total fixed cost is $3,600. What is marginal cost?
The function for the net exports is NX=200-100e, where e, is the exchange rate, and the exchange rate is initially 1.0.
Is this projected outcome consistent with the law of demand? What is the price elasticity of demand associated with this pricing decision? Should you increase the price?
Elucidate how important is a rapidly expanding domestic market in Alibaba.com's strategic assessment
How great an open market purchase or sale of securities should the central bank undertake to restore the original interest rate.
Suppose, on the other hand, that the second country retaliates with an export subsidy of its own.
Find out the equation for the linear supply curve which fits this information. What would the new equilibrium price and quantity be if supply were to increase by 20%.
If operators receive $25 an hour, how many operators should the agency hire. Illustrate what is the most the agency would be willing to pay the first operator.
Use your own example in order to illustrate these concepts. Can the marginal utility from a product be negative? If yes, give an example.
Elucidate and illustrate how they will help to improve the GDP as a tool for measuring the well-being of a nation.
Illustrate which offers the higher expected return. If you expect the rate of inflation to be 3% over the next year, which is the better investment.
Do you see our communities growing closer together or further apart. One page double spaced.
A firm with a U-shaped average cost curve finds that its costs exceed its revenues when it sets price equal to marginal cost.
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