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A farmer uses a piece of land with the following accounting costs to grow a crop worth $1800. If a normal rate of return is $100 on such an investment, what will the value of the land be for use during this time period?
$150 for seed $100 for fertilizer $80 for herbicides
$20 for water $150 for labor $600 for equipment
$100 for fuel $200 for taxes
Illustrate what are the monopolist's profit-maximizing price and total output.
How events would leave the equilibrium price of textbooks at the same level observed before the supply shift.
If Projects B and G are mutually exclusive, explain how would that affect your overall answers. That is, which projects would you accept in spending the $80,000.
what part of the change in Sarah's demand was due to the income effect and what part was due to the substitution effect?
Illustrate what happens to wheat farmers and the market for wheat when university agronomists discovers a new wheta hybrid that is more productive than existing varieties? show graphically.
Illustrate what has happened to the value of the dollar. Illustrate what are the comapny's hourly labor costs in dollars at both exchange.
Assume that the nation is not large enough to affect the world price. Illustrate the effects of a tariff on imports.
Consider a market where demand is d:p=24-Q and supply is s:p=2+Q. impose a specific tax t= $2 on each unit sold in the above market.
She is now considering raising her prices by 20 percent to offset the increase in her monthly rent.
Define benefit and cost externalities. Explain why situation involving benefit externalities tend to result in an under allocation of society’s scarce resources.
The constant rate no before the one child policy; after the introduction population growth drops to the constant rate n1 analyze the effect of this policy.
A physician's office expenses increase 10 percent so she decides to raise the price of office visits by that much. Assuming the demand curve for office visits does not shift, what will happen to the total number of office visits and practice reven..
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