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a firm has a production function represented by ql75k25 find a function for how much capital and labor a firm should
suppose the hotel in the lecture example raised its price from 30 to 3050 with the new price the hotel expects 96
suppose that computers use two units of capital for each worker so that kc 2lc while shoes use 05 units of capital for
in 2016 a nations population was 10 million its real gdp was 121 billion and its gdp deflator had a value of 121 by
you went out to dinner one night and observed one of your patients drinking heavily the next day the patient is to
using graphical analysis for demand and supply please show in two graphs howa an improvement in the technology such as
start with your factors of production on page 34 and then briefly describe whether these resources were allocated
a firm has the following short-run production function where l labor and q outputq 10l ndash 05l2suppose that the
suppose that doctors visits cost 20 and the typical consumer has an income of 100 consumers spend all of their incomes
suppose chartered banks decide to greatly reduce the availability of student loans that are guaranteed against default
a farmer sells cotton to a clothing company for 1000 and the clothing company turns the cotton into t-shirts that it
a machine costs 50000 and increases revenues by 18000 per year however oampm costs increase by 4000 per year the
a nations capital goods wear out over time so a portion of its capital goods become unusable every year last year its
describe and discuss your price elasticities for such products and discuss the movement of your demand for such a good
in your own words pleasedescribe at least two of the positives and two of the negatives associated with drilling in
suppose my tastes could be modeled with the utility function ux1 x2 20x105 x2 where x1 refers to mozartkugeln and x2
suppose you purchase a 30-year zero-coupon bond with a yield to maturity of 6 you hold the bond for five years before
your book describes the increase in the money supply as being analogous to giving people more money if the output of
a mutual stock fund has grown at a rate of 16 compounded annually since its beginning if it is anticipated that it will
an interest rate of 10 compounded continuously is desired on an investment of 15000 how many years will be required to
between 2011 and 2012 the quantity of cars produced and sold decreased by 20 during the same period the price of cars
find the present-value equivalent to the following geometrically increasing series of paymentsplease show work starting
find the equal annual payment series that would be equivalent to the following increasing series of payments if the
what is the present value of the following series of prospective paymentsa 600 a month for 3 years at 13 compounded