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What is the average product of labor, given that the level of labor equals 10, total output equals 1200 and the marginal product of labor equals 200?
What are the profit maximizing prices for hardcover and paperback books? What are the quantities of books demanded at these prices for hardcover and paperback books?
What would each of the following events do to the terms of trade of the importing country and the exporting country, other things being equal?
Singer Taylor Swift has a monopoly over a scarce resource: herself. She is the only person who can produce a Taylor Swift concert.
Do you favor a laissez-faire approach or government intervention and regulation with respect to monopoly What are the benefits of your favored approach, in terms of economic efficiency Is one approach always preferable, or should each monopoly mar..
A certain engine lathe can be purchased for $270,000 and depreciated over three years to a zero salvage value with the SL method. This machine will produce metal parts that will generate revenues of $180,000 (time zero dollars) per year. It is a poli..
Clear Limited produces Plasma TV and distributes to retailers under her own house brand. Recent trend in market seems to favour adoption of TV using either LED technology.
it is suggested that you review the recommended articles to glean any helpful information. in this discussion you will
Given the information above solve for the equilibrium output
Suppose an individual lives two periods. In period 1 she works full time and makes $100. In period 2 she enters partial retirement and makes $20. She can borrow and save at the constant, risk-free interest rate r.
You've been appointed by an unprofitable firm to determine whether it should shut down its unprofitable operation.The firm currently employs 70 workers to produce 300 units of output per day.
determining profit or loss from an investment. three years ago you purchased 150 shares of ibm stock for 88 a share.
pollution is considered by most a negative externality. some economists would like to see the costs of these burdens
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