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Suppose Noah and Naomi's short-run weekly production function for garden benches is F(L)=0.4L. Where L represents the number of hours of labor employed. The wage rate is $10 an hour. What is their short-run cost function?
find out that the exchange rate for your U.S. dollar has decreased relative to the euro. If you were a U.S. citizen or resident, are you pleased.
Compute the balance in your retirement account when you will be 25, 30, 40, 50, and 65 years old assuming the average annual rate of return is 6%. Assume there are no deposits or withdrawals in this account, so the original balance just accumulates. ..
Assume that in addition to policy action described above, Fed decides to sell a massive amount of Treasury bonds from open market. Elucidate in detail effect of this policy action on size of money supply.
Each bundle that the consumer chooses, draw the indifference curve that goes through that bundle.
Illustrate what are some of the limitations of the national income accounts in how they represent our standard of living.
Would the monopolist charge a higher price in market 1 or in market 2? Why? Assume the price charged in market 2 was $10, what would be the price charged in market 1?
Elucidate Illustrate what you can do, if the best technology was used to produce the components of the system.
Only incremental cash flows are relevant in project analysis, the proper incremental cash flows are the reported accounting profits, and thus reported accounting income should be used as the basis for investor and managerial decisions.
Calculate the equilibrium interest rate by setting the demand for central bank money equal to the supply of central bank money.
conomist Robert Fogel focused on which of the following factors as one determinant of long-run economic growth.
Have no effect on equilibrium price and quantity. Reduce quantity demanded, but not shift demand curve. Which of following is unique to capitalist ideology.
1.why is it advisable to evaluate the companys financial statements? what key information would you seek to understand
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