Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A glass manufacturer’s production function is q=?10L?^0.5 K^0.5(based on Hsieh, 1995). Its marginal product functions are ?MP?_L=?5K?^0.5 ?/L?^0.5=0.5q/L and ?MP?_K=?5L?^0.5 ?/K?^0.5=0.5q/K. Suppose that its wage, w, is $1 per hour and the rental cost of capital, r, is $4.
Draw an accurate figure showing how the glass firm minimizes its cost of production. What is the equation of the (long-run) expansion path for a glass firm? Illustrate this path in a graph. Derive the long-run total cost curve equation as a function of q. Suppose the goal for output is 1000 units, what is the optimal level of labor and capital to minimize the cost of production? (Use Excel or other software to derive the answer.
If the government faces an AD Shortfall of 100 billion dollars and finds that the marginal propensity to consume is 0.8, elucidate what will be the desired fiscal stimulus.
If a two linear demand curve run through a common point than at any given quantity the curve that is flatter is more elastic? Whether buyers or sellers bear the majority of the tax burden depends on who initially imposed the tax?
You have been the Chief Financial Officer (CFO) for a large manufacturing company for 15 years. The Company’s yearend is March 31 and you are finishing the year end accounts. You have recently been advised by the Chief Operating Officer (COO) of a si..
In this table below, Agoira moves from a command system to a market system
Calculate the income elasticity of demand for each of the following goods: Quantity of demand when income is $10,000 Quantity of demand when income is $20,000
Calculate the internal rate of return and the net present value to determine the desirability of this investment.
if people never withdraw cash from banks, what how much money could the banking system potentially create.
If the final change in output for the economy as a whole is $119.6 billion, unemployment is 6.2% and there had previously been an initial increase in government spending of $46 billion, what is the value of the multiplier?
Calculate the after-tax nominal interest rate, then subtract off inflation to get the after-tax real interest rate for both cases.
Sarah's preferences for consumption and leisure can be expressed as U ( C , L ) = ( C - 180 ) × ( L - 80 ) . This utility function implies that her marginal utility of leisure is C - 180 and her marginal utility of consumption is L - 80. What is her ..
Contingency Plan 1 is a new process introduced by an international health team that guarantees the removal of pathogenic microorganisms in the town’s water system. Evidence has revealed that Contingency Plan 1 will lower the influenza rate to four ne..
In 1991 and 1994, Apple Computer engaged in a holding action in desktop market dominated by PCs using Intel chips and running Microsoft's operating systems.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd