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the firms production function is ymin2x1x2 the cost function of the firm is given by cw1x1w2x2 what are the firms
assume the country of fredonia has 500 of capital per worker and has a workforce of 20 million also assume that labor
a random sample of teenagers asks how many minutes per day they watch tv there is a population variance of 625 the null
michels cost function for his car is cy216 where y is the number of cars that michel can afford find the average cost
a machine was installed 5 years ago its market value is now 15000 and is expected to decline by 10year over the next
an injection melding machine has a first cost of 1050000 and a salvage value of 225000 whenever the machine is sold the
pretend that you are an editorialist and write an editorial considering whether or not you believe that monopolies
what are some of the tricks and pitfalls an investor should avoid as discussed in the book a random walk down on wall
why does burton malkiel favour index funds explain the types of index funds he favors in the book a random walk down
if the price of gasoline doubled how would consumption of a cars b public transportation and c in-theatre movies be
suppose that a perfectly competitive industry is in long-run equilibrium and demand increases explain the short and
a hospital would replace five personnel that currently cover three shifts per day 365 days per year each person earns
there are 10 firms of equal size in an industry if 2 of the firms merge a find the new concentration ratio b find the
monetary policy is an effective way to increase demand if youre the sort of economist that believes the government
which of the following is not a reason for the subsidies being provided to us farmersa the desire to maintain a stable
in a sentence or two explain why the pigouvian tax depends on knowing both pmc and demand if total damages are linear
consider a competitive industry with a large number of firms all of which have identical cost functions cyy21 for ygt0
a if consumers decrease their spending by 80 whenever their disposable income falls by 100 what is the numerical value
given y5000 and y53001 compute the output gap for this economy2 is the economy experiencing a recessionary or an
briefly explain the relationship between the natural rate of unemployment and potential outputwords
consider a monopolistically competitive firm with n firms each firms business opportunities are described by the
suppose a country can produce a maximum of 20000 jumbo airliners or 2000 aircraft carriers a what is the opportunity
1 the department of revenue estimates that the special tax dedicated to funding directorrsquos initiative for 2014 will
omega travel competes in the highly competitive market for travel consumers know that omega has the best agents in the