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Suppose the production function for pasta is Q = 4kl ; What is the long-run optimal input combination when Q = 16 , r = 4 , and w = 36 and what is the long-run total cost function when r = 4 and w = 36
Derive the aggregate demand curve and plot it to scale. Show all of your work. Calculate the effect of an increase in government spending on GDP. Is the effect larger or smaller than in the case where consumption does not depend on the interest rate?..
Many middle class and working class Americans objected to the rise of monopolies and trusts, although not always for the same reasons. Why did they believe that that these powerful big businesses were Europeanizing America? What kinds of solutions we..
Maze Consultant employees only two types of personnel, latyers and secretaries in a production function of the form Q=LS, where Q is the number of cases handled in a month, L is the number of lawers and S is the number of secretaries employed per mon..
Explain the meaning of a Nash equilibrium when rms are competing with respect to price. Why is the equilibrium stable? Why don’t the firms raise prices to the level that maximizes joint prots? What is the DWL in this model?
Cutting the corporate income tax can potentially increase the pace of technological change resulting in the aggregate supply curve shifting to the right.
For the product is charging the most favorable price
What is the expected profit of simultaneously pursuing both programs.
q1. suppose that mnl logs harvested the logs in october 2011 and sold them to mnl number in december 2011. mnl number
Illustrate what is payback period method of investment. Explain how it can be applied to choose among investment project.
Can an economy be faced with endless trade cycles also still have its Real GDP grow over time?
Consider the Sherwin Williams Company example discussed in this chapter. Suppose one is interested in developing a simple regression model with paint sales (Y) as the dependent variable and selling price (P) as the independent variable.
Finds in a simple regression analysis which demand increases with an increase in advertising also falls as advertising expenditures are reduced.
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