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A firm can choose between two production technologies for a new product line. What is the minimum efficient scale for each technology?
what the effects would be if real GDP is growing, and both the velocity of money and the money stock are constant. Please discuss.
The North American Free Trade Agreement (NAFTA). Why and how does free trade help the U.S. economy? and How might free trade hurt the U.S. economy?
How do you go about weighing the alternatives? How can you apply the concepts of opportunity cost to your decision to attend Ashford?
What impact has the establishment of the Euro had on the need for cash management by a MNC doing business in Euro countries?
Where you can denote by r the price of 1 pound of lemon grass), calculate the shares of lemon grass and troll labor in Hogwarts' income.
General Cereals is using a regression model to estimate the demand for Tweetie Sweeties. Determine the point advertising elasticity of demand.
The U.S. economy currently concerned about unemployment, inflation, recession, etc.)? What fiscal policies and monetary policies would be appropriate at this time?
Find the equilibrium price and quantity. Suppose buyers must pay a tax of T = 12/unit. Determine the quantity exchanged, and prices for buyers and sellers.
John has a weekely endowment of $140 that he spends on buying games(G) and music cds(M). What is his new consunption if the price of games becomes $20?
Assume the government decides to impose a tax of $5 per unit of x (so that the new price of good x is $10). What is the new optimal bundle and the new level of utility?
Suppose the supply of flat-screen TVs is very elastic, who benefits the most from falling production costs - consumers or producers of these TVs? Explain.
If Rudy spends $10 per day on these goods, draw a utility/budget constraint graph to show his optimal consumption amounts.
Producer surplus after the tax, tax revenue collected by the government, and deadweight loss. How is the tax burden divided between buyers and sellers?
How can the falling U.S. dollar impact your travel expenses? Why would a cheap dollar relative to other nations' currencies be good or bad for U.S. trade?
What is the basis of international trade? What are the benefits and the costs? Under what conditions would you advocate for trade restrictions?
Determine the following: whether the firm is operating efficiently, its objective to minimize the cost of producing the given level of output.
Suppose the output can be sold for $10 per unit. Also, assume the firm can obtain as much of the variable input (L) as it needs at $20 per unit. Determine the following: the marginal revenue product
8 hogs are sold at $50 each. In 2000, the base year, the price of corn was $10 per bushel, and the price of hogs was $75 each. Calculate the value of real GDP.
Doubled since the early 2000s, to in excel of 60,000 railcars per year. What would likely happen to the demand for railcars if the ethanol boom were to go bust?
What do you suppose has happened to the demand for string instruments used by performing musicians as a result of the decrease in demand for musicians' services?
What Is likely to eventually happen to the male-female wage gap if a higher percentage of college graduates continue to e women in future years?
The dollar value of the gain in his stock portfolio exactly offsets the amount of extra taxes he has to pay. In this case?
Give an expression that relates private saving Sp to disposable income. This is called the saving function. What is the relationship be between private saving and the government budget deficit?
B's is represented by U(b) = .8lnxB1 + .2lnxB2. A's initial holding is (10,4) and B's is (8,12). Calculate the demand function for each of A and B.