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Suppose one worker can produce 15 cookies, two workers can produce 35 cookies together, and three works can produce 65 cookies together. What is the marginal product of the 3rd workers? A. 21.65 cookies B. 30 cookies C. 35 cookies
labor markets further applications of microeconomicswhen two goods are perfect complements the indifferencecurves area.
If the demand schedule for Bong's book is Q = 2000-100p, the cost of having the book typeset is $9000, and the marginal cost of printing an extra book is $4, then how he would maximize his profits.
analyze the effects of each of the following on national saving investment and the real interest rate. explain your
question 1. the jkl corporation the pqr corporation and the xyz corporation have an oligopoly in making widgets a
the price of gasoline in europe is much higher than in the united states and the reason is that the gas tax is much
Cypress River Landscape Supply is a larege wholesale supplier of landscaping materials in Gerogia. Cypress River's sales vary seasonally; sales tend to be higher in the spring months than in other months.
A firm in a perfectly competitive industry is making losses in the short run. (i) Sketch a ‘typical' firm's Average Cost and Marginal Cost curves and in the diagram show a possible price at which the firm would produce in the short run, but make l..
Consider now that the entrant, if fought, has the possibility of withdrawin from the industry (at a loss of 1 for the entrant and a gain of 8 for the incumbent), or staying (at a loss of 5 for each player).
Explain why the European Central Bank cannot selectively change interest rates in any of the 16 EU countries that have adopted the euro—for example, lowering the interest rate to stimulate the economies of Greece, Ireland, or Spain, while maintaining..
a five-forces industry analysis provides an overview of the potential profitability of the average firm in an industry
Estimate the demand function
suppose that there are two products clothing and soda. both brazil and the united states produce each product. brazil
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