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A U.S. firm is considering moving its production to Mexico. Its estimated production function is q = L0.5K0.5. The U.S. factor prices are w = r = 10. The Mexican factor prices are w* = 5, r* = 10. What is the optimal input bundle (L,K) and cost of producing q = 100 units in U.S. and in Mexico?
Discuss forecasting and explain why is it so important in the management of business firms and other enterprises also determine the different types of forecasting?
Auto Data manufactures custom engineering testing machine. The following 5-orders are currently in the design department:
Simple linear regression predicting the change in performance (in seconds taken to run a race) for 800m runners by the average hours of training undertaken per week during the pre-season.
Explain how the Federal Reserve policy makers effect interest rates. Describe the difference between expansionary and contractionary rules.
Period company return market index return, Determine the company and the market index and show the calculations.
Real gdp per capita Labor productivity What was the growth rate of the population between 2008 and 2009, round to the nearest percent ?
John Smith, C.E.O. of A.B.Co. is attempting to estimate the quantity of his product that will be demanded during April. At the current price of $20.00, A.B. Co. is selling 100,000 units per month. Mr. Smith has been informed th..
Explain what happens to the coefficient on coll in terms of its magnitude and its statistical significance when points , rebounds , and assists are added to the regression. Why do you think this happened?
Spookmart and Scaretown are the only two halloween costume stores in town. Both the stores are wondering how many Miley Cyrus twerking costumes to order. Each costume costs $2 from the supplier (i.e., marginal cost for the stores is $2) and market..
The Rapid Engine Corporation is a multinational producer os small gasoline and Diesel motors. Rapid hs estimated the given cost experience for a new 3.5hp engine over a sample of 122 observations.
Calculate the t-statistic for the hypothesis test c.) Find the critical value and rejection region for a 5% significance level d.) Given your answers to b.) and c.), what do you say to the athlete's statement that he is better than Carl Lewis? 2. ..
The comparative advantage for pizza production belongs to __________ and the comparative advantage for pizza delivery belongs to __________. Based on their comparative advantages, Pat should specialize in _______ while Corey should specialize in ____..
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