Your boss offers you a wage increase of 10 percent is it
Your boss offers you a wage increase of 10 percent. Is it possible that you are worse off with the wage increase than you were before? Explain your answer using proper economic terms and analysis
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Household wiring made of aluminum wire with cross-section area 3.1 x 10^-6 m^2 carries a current of 4.5 A. what is the power loss over 5.2 m of wire
A decision maker wishe to minimize the cost of producing a given level of total benefit, B = 288. The cost function is C = 6x + 3y and the total benefit is B = xy. Set up the Lagrangian adn then determine the levels of x and y at the minimum level of
In a perfectly competitive market suppose that a competitive firm's marginal cost of producing output q is given by MC(q)=3+2q. Assume that the market price of the product is $9:
Does LRMC =MR for Competition? Does LRMC =MR for Monop. Competition? Does LRMC =MR for Oligopoly? Does LRMC =MR for Monopoly? Does P=AC for Competition?
Suppose that the MPC has a value of 0.95. If this is true, then a $10 million increase in disposable income (YD) will have what impact on the value of total consumption in the economy?
As part of its decay process, the radioactive isotope of polonium 214Po undergoes successive emissions of one alpha particle and two beta particles. What is the product after these three decays
A firm in a purely competitive industry has typical cost structure. the normal rate of profit in the economy is 5 percent. this firm is earning $5.50 on every $50 invested by its founders. what is the percentage rate of return?
Tritium, 3H, undergoes beta decay with a decay constant of 5.63 x 10-2 yr-1. How much time is required for a 1.00 g sample of tritium to decay to 0.250 g
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