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Suppose labor productivity grows by 2% this year. Furthermore, labor and capital increase at the same rate. What was the rate technological progress?
You invest R2400 annually (at the end of each year) for successive years in a savings account at 15% p.a. (interest is compounded per year). At the end of the fifth year you withdraw R6181.72 and the balance is invested at 10% p.a. for 5 years. What ..
The Clark Corporation wants to expand. It is planning a cash purchase of Kent enterprises for $3 million. Kent has a $700,000 tax loss carryforard that could be used immediately
Use Excel or other calculation software to input the data to calculate an estimated regression. Then, from the calculation provided, interpret the coefficient of determination, indicating how it will influence your decision to open the pizza busin..
Assume that there are a large number of identical firms in a competitive industry, each with the cost function
Calculate the price elasticity of demand for the following products and state whether demand is price elastic, inelastic, or unit elastic, a. Raw sugar prices rose by 3% and raw sugar consumption declined by 2%.
What is hyperinflation How does hyperinflation occur?
One of major political developments of last many decades is the increasing size and economic or monetary integration of the European Union. Determine what effect do you think this will have on international trade between nations?
What does her utility function say about her MRS of Coke for Pepsi?
Use the above data to answer the following questions-If the price of entertainment increases by 2 percent, what will happen to the quantity of food demanded? Please be specific
In an effort to reduce their total costs, many companies are now replacing paychecks with payroll cards, which are stored-value cards onto which the companies can download employees' wages and salaries electronically.
Toward Effective Risk Regulations (1993) examines goverment's role in controlling and managing the health risks society faces from exposure to environmental pollution. One major problem examined in the book is cleanup of hazardous waste sites.
Suppose the U.S government decides that the incomes of dairy farmers should be maintained at a level then how much surplus milk will be produced as a result of this policy.
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