Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Consider a firm using labor and capital as its only inputs. The price of capital is $40 where the price of labor (wage) is $60. Using 500 units of labor and 500 units of capital the firm is producing 1200 units of output. At this mix of input the firm's MPL is 10 while its MPK is 5.
a. Write the firm's isocost equation. What is the slope of the isocost?
b. Determine if the firm's mix of inputs is optimal. Explain.
c. If your answer to "b" is no, what should the firm do to improve its performance? Explain.
d. Now suppose as a result of a mandated increase in the minimum wage the wage increases to $80. What would be the implication of this change for this firm?
Suppose that you were an industry analyst trying to determine if the leading firms in the automobile manufacturing industry are playing a tit-for-tat pricing game. What real world data would you want to examine? What would you consider to be evidence..
An increase in buyers' incomes
Describe the problem of adverse selection when health insurance is offered at a community rated premium? Define the term community rated premium as well. Is it possible to address the problem of adverse selection by increasing the premium level? Why?..
q1. explain the role culture may play in influencing entrepreneurship both at the individual and social level. define
Consider the following Demand equation that represents Demand for goods to your company produces q=100-2p. Total cost of production is cq. Given to your company's objective is to maximize profit
Simply speaking increasing inventory turnover is an important goal for retail manager. Illustrate what are the consequences of turnover that's too slow.
Suppose an economy produces three goods (rice, bananas, and strawberries). Draw its PPF assuming constant opportunity costs, then draw it with increasing opportunity costs.
q.sara is a dot.com entrepreneur who has established a web site at which people can design and buy a sweatshirt. sara
q.suppose that a professor p has recruited a teaching assistant mr. a. professor p needs to increase her payoff
Suppose a basket of goods and services has been selected to calculate the CPI.
Recently, Starbucks acquired Teavana for $620 million for the company which represented at 50% premium from Teavana’s then valuation. Discuss the recent acquisition, the probable growth of the tea industry and Starbucks’ decision form a capital budge..
What are the effects of increasing in government spending both mandatory and discretionary spending on US economy forecast ot grow by 1.5%
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd