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Raising labor and material costs. However, the controller notes that the average costs have not increased during the past year. Is it possible?
With a bried explanation. If it can help solve the problem of income inequality, determine whether it aims at equalising income or equalising opportunies.
The firm's profits equally shared members firm. The firm fixed current expense diminishing average product. How firm adjust numbers member's, (1) lawyers fee increase; (2) current expense increase?
The average woman prefers-more than the average man-a short commute. Use a hedonic model to examine pay for the average man versus pay for the average woman, all else equal.
What is the four-firm concentration ratio of the hamburger industry in this town? What is the Herfindahl index for the hamburger industry in this town?
The first way is simply to use the price of the product in the exporter's (home) market as the fair market value. What are the other 2 ways that the fair market value can be determined?
The economists also argue that the technical level of potential output had risen. Show their argument using the AS/AD model.
The demand function of pet owners for electric dog polishers is qo = max{90 - 4p}.If the price is below $22.50, then what is the market demand function.
How does N, the number of firms in the market, affect each firms demand curve? Why. In the long run, how many firms will exist in this market?
what is your estimate of the number of engineering hours needed to design the eighth tower and the design the last tower (the fiftieth tower) in the project.
Transportation equipment that was purchased in 2004 for $200,000 must be replaced at the end of 2009. What is the estimated cost of the replacement, based on the following equipment cost index?
Assume that sales equal output volume - i.e., they sell everything they make. What is the breakeven point in number of pumps per month?
Which is the main producer for fuel in the world,it causes fuel supply discruptions in the word. Discuss the market equilibrium for fuel and car after the war outbreak.
Derive an expression for the expected utility of a person who buys a share " of a ticket. Suppose a potential group member is risk neutral. Show she will join the group if p$0.01, but she will not joi
Compare that to his wages rising to $210 per day for each day he worked. Show how his equilibrium level of income and labor-leisure will change. Graph and explain.
John earns a higher wage, and safer environment causes his health to depreciate less rapidly. How would these two changes together affect John's desired health capital. Graph and explain.
If the full employment income is 50 times higher than equilibrium level of income, how much must government change its expenditure to reach at full employment level of income.
The salesman is willing to cut the price by 10% if you pay cash. What is the interest rate you would pay by financing?
Utility maximization and the law of demand to explain why she should buy more lipstick or more eye shadow. Show your calculations and then explain your answer.
Some states are required to balance their budgets. Is this measure stabilizing or destabilizing? Suppose all states were committed to a balanced budget philosophy and the economy moved into a recess
BIG POLLUTER and now the emerging economic powers of China, India and others have been accused of being concerned with economic growth without concern for people. Are we to blame? Write a paragraph.
Graph the market demand curve. Be sure to provide numerical coordinates for any particularly key point(s) on this demand curve. Suppose that the current price is P = $40. What is consumer surplus
How do governments help promote international economic interdependence? describe three ways that government activities increase economic integration and provide an example that illustrates one appr
Demand wasn't elastic enough for the equilibrium quantity to increase by 9 billion bushels per year. How elastic would it have to be for the equilibrium quantity to increase by 9 billion bushels per
Creates an intricate birdseye maple jewelry box that takes him 15 hours to complete. By how much and in what direction does GDP change as a result of his efforts?