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If the wage rate is $30 per hour and the rental rate on Capital is $10 per hour, what is the cost-minimizing input mix for producing 4 units of output?
Some people have suggested that forced population control is an efficient means of reducing the Tragedy of the Commons associated with our clean air and water resources. Provide an argument that would support this theory, and also an argument that..
Suppose that the economy is currently at potential output. Also suppose tht you are an economic policy maker and that a you have been asked to rank if possible, your most preferred to least preferred type of shock: positive demand shock
Illustrate percent have prices increased over the past thirty years. What average annual inflation rate would have resulted in this answer.
What is the contribution of the growth of total factor productivity growth (dA/A) to that growth? What is the contribution of a faster rate of capital growth compared to labor force growth α[dK/K - dL/L] to increases in Y/L?
In relation to ITUNES music store, besides variable pricing, what are some other potential pricing policies that could increase revenue What are the risks and potential costs of implementing more sophisticated pricing schemes for the downloaded mu..
Explain why do some economists argue that reduction in the rate of taxation and capital gains can actually increase tax revenue collected from such gains.
As a production manager who understands the academic argument for free trade working in an company threatened by cheaper imports, how do you react.
A news magazine offers students a discount on the regular subscription rate. The total number of subscriptions is optimal, and, at the current prices, the marginal revenue from the last subscription sold to a student is $6, while the marginal reve..
Elucidate action did the FOMC take, if any, as per the level of the fed funds rate. Why did it make this choice
A What are the assumptions underlying Imperfect Competition B State 2 features of a firm in long run equilibrium in Imperfect Competition that would be common to a firm in long run equilibrium under Monopoly. C Give an example of an industry operat..
The requirement is:- term paper on International Business from economic view point. The topic is effect of corruption on Chinese and Indian economy and how India's IT sector.
Concerned about the crowding-out effects of government borrowing on private investment spending, a candidate for president argues that the US should just print money to cover the government's budget deficit.
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