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In a small town of 100 people, there are 10 children under 15, 10 retired people, 60 people with full-time jobs, 3 people with part-time jobs, 3 full-time students aged 15 and over, and 4 full-time homemakers. The remaining people do not have jobs, but want them. All but one of these had actively looked for a job in the last four weeks
you are a data analyst with john and sons company. the company has a large number of manufacturing plants in the united
A consumer's utility function is given by U(X,Y)=X*Y. The customer has $576 to spend. Px=16 & Py=4. How much total utility does the consumer receive? How much X & Y should the consumer purchase to maximize her utility?
please note that this is a follow up question to the last assignment i submitted. it would be great of the person who
In equilibrium, the rate of growth of the capital stock in a closed economy is primarily determined by:
a identify three types of competition that most firms encounter other than competition from other firms in their
Cases in Engineering Economy 2nd by Peterson & Eschenbach
The wage paid to engineers is $4000, while technicians, who are not as skilled as engineers, receive $2000. The firm's budget on a particular project is $28,000. How many engineers and how many technicians should be hired in order to maximize p..
Suppose you are an industrialist begninning a biotechnology company. If your research is successful, technology can be sold for $30 million. If your research is unsuccessful, it will be worth nothing.
FULL karma for complete and clear response. 1. Under what conditions are the Cournot and Bertrand equilibria the same 2. What happens to price and output in the Cournot, Bertrand and Stackelberg models if marginal costs increase by 10 percent
In the short run changes in GDP can be thought of as stemming from changes in the employment rate of labour, while in the long run, changes in GDP can be thought of as stemming from changes in the labour force and/or changes in labour productivity..
An agency is having problems with personal phone calls made during working hours. Each minute of a personal call costs the agency $0.50 in wasted wages.
a monopolist faces demand given by p 100 - .4qd and has marginal costs given by mc 10 .2qa. draw demand marginal
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