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What is the opportunity cost of investing in physical capital? Do you think a country can "over invest" in physical capital? What is the opportunity cost of investing in human capital? Do you think that a country can "over-invest" in human capital? Explain?
A competitive firm has the production function q = f(L,K) = sqrtL + 2sqrtK , for which MPL= 1/2sqrtL and MPK = 1/sqrtK. Find the firm's conditional factor demands for L and K at the factor prices w = 4 and r = 2. What is the firm's (total) cost curve..
Illustrate what does this mean for the survival of small firms in the industry.
Environmentally appropriate production technologies also precuts with eco friendly packaging also recyclable materials.
If a price in a competitive market is "too high to clear the market," what does this normally mean. Assume upward-sloping supply curves.
How would you use these cost and revenue estimates to determine whether a sales force increase or possibly a decrease is warranted.
A farmer owns a plot of ground also sells the right to pump crude oil from his land to a crude oil producer.
To what extent to do you agree/disagree with the actions of the central banks during this time?
Why do you thing they each would work. Illustrate what would the benefits of each action be besides emissions reduction.
Assume income is $10, the price of each slice of pizza is $1, and the price of each glass of beer is $2. Now change income to $12 and show a demand curve for pizza.
q.governments often complain about one anothers macroeconomic policies. this question asks you to analyze one example.a
Explain carefully why it makes better sense to shut down rather than continue to operate or to continue to operate rather than shut down, as the case may be. How do fixed costs play a role in your analysis? What is the difference between shutting ..
How much excess reserve does your deposit generate for the bank? What is the maximum amount of new money that can be created in the banking system as a result of this deposit? Show all work.
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