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Presently, AFC has on its medical staff 10 doctors and 10 nurses. The daily wage of a doctor is $600, whereas a nurse is paid only $200 a day.
a. Write the equation for the medical isocost of AFC.
b. It has been estimated that an additional doctor could increase the daily output of the clinic by 25 patients, while an additional nurse would increase the number of patients served in a day by only 10. What is the marginal rate of substitution between doctors and nurses?
If the company issues debt to finance the project what would be the value of the company. What would be the value of the levered equiy.
Ilustrate what is the marginal product of capital and labor. Does the answer depend on how much labor and capital are used.
Rain spoils the strawberry crop, the price raises from $4 to $6 a box, and the quantity demanded decreases from 1,000 to 600 boxes a week
What is the probability that more than 200 cars will require service work in a particular month? B. What is the probability that fewer than 175 cars will need service work in a given month?
Illustrate what was the cost of recalls per year before the software was purchased if the company did exactlyy recover its investment in 4 years from the 10% reduction.
Illustrate what are the levels of income every worker and consumption per worker.
What does it mean when asked; what are some considerations to remember given the different roles and people in the audience.
q1. if the aggregate-demand curve is given by the equation p400-2xy and long run aggregate supply100 the long run
What are macroeconomic factors and are they useful for economic forecasting? What are economic indicators? Are any of them useful for forecasting economic growth?
q1. a growth at a rate of 2.5 may seem slow but this means a country gdp will double within 28 years. 100 10.02528 200
The article touches on two crucial conditions for a fiscal stimulus to work.
suppose a firm has an annual budget of 100000 in wages and salaries 50000 in materials 20000 in new equipment 10000 in
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