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Type of production A B C D E
Automobiles 0 2 4 6 8
Forklifts 30 27 21 12 0
If the economy is at point C, what is the cost of one more automobile and forklift ?
How would you characterize the market for crude oil production? Explain your answer. Explain the long run profit behaviour of firms in this kind of industry.
There is a list of figures for a given year in billions of dollars. Using this data, compute the NDP , NI, PI, DI or net exports.
Use your own employment experiences and be sure to identify the sector in question, how would you relate the hiring practices of that industry or industries to fluctuations in the business cycle?
Suppose there are 7 firms in the candy industry with the market shares shown below. What is the HHI for the industry? When a monopolistically competitive firm's demand curve shifts leftward, what happens to its marginal revenue curve?
The first step in comprising the value of this stock today, is to compute the value of the stock when it reaches constant growth in year.
Suppose a competitive market consists of identical firms with a constant lon-run marginal cost of $10. (There are no fixed costs in the longrun) The demand curve is given by q=200-p
Find the biggest economic concern for Argentina, like unemployment or population, and factors behind economic growth in Hong Kong and Singapore?
1. Determine if the benefits of free trade outweigh the drawbacks, and what could be done to address the drawbacks (if anything). 2. State whether you believe fair trade is a fad or a trend. Provide support for your reasons.
Diffentiate among short-run and long-run and consider the role of expectations.
The demand for illegal drugs is inelastic. Much of the expenditure on illegal drugs comes from crime. Assuming these statements to be correct, What will happen to the amount of crime?
The inspection equipment has a 6-year useful life and no salvage value. Use a nominal 18% interest rate in your calculations. How much can Robot afford to pay for equipment if the wages and worker benefits were to have been paid monthly?
Elucidate what factors besides your quantitative analysis should be considered in making this decision.
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