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If the price of capital is $24, the price of labor is $15, and the marginal product of capital is 16, the least costly combination of capital and labor requires adjusting the amount of labor until its marginal product is equal to .............
Complete and explain your answer.
$1000 was withdrawn from a savings account earning 3% interest, $2000 additional was borrowed @ 7% interest. What is the opportunity cost of the financial capital invested in the business? When a firms only variable input is labor, then the slope of ..
The price of a stock is $82 at the beginning of the year and $89 at the end of the year. If the stock paid a $3.25 dividend and inflation was 2.25%, what is the real holding period return for the year?
If air quality improves however re are no effects on aggregate production or on market costs of final goods and services. Illustrate what would happen to GDP.
Illustrate what do your results tell you about the relative desirability of perfect competition versus monopoly in the presence of externalities.
Your selected organization must be submitted for instructor approval. Identify the market structure in which this organization competes. Clearly indicate why the market structure was decided upon and how this market structure differentiates from the ..
Anderson and Kay are two individuals who one day discover a stream that flows wine cooler instead of water. Anderson and Kay decide to bottle the wine cooler and sell it. The marginal cost of bottling wine cooler and the fixed cost to bottle wine coo..
In the Solow growth model, a higher savings rate is a good way to get higher GDP and higher GDP growth. The Solow growth model tells us that a flood of immigrants will, in the long run, raise interest rates and reduce wages. In world in which absolut..
A concrete and building materials company is trying to bring the company funded portion of its employee retirement fund into compliance with HB-301.
Explain how a bill become a law in order.the bill goes back to the floor of the senate for consideration. the house committee, compairised of members from both houses of congress,works outany differences concerning the bill.
What is elasticity of demand for hamburgers at equilibrium. What are consumer surplus and producer surplus at equilibrium.
The consumption of both x1 also x2. Label income also substitution effects for both goods. Illustrate what is the implication of product differentiation in defining market structure.
When medical care is reimbursed through employer provided insurance whose welfare is ultimately affected when cost of medical care rises: the owners of the firm that pays the premiums, the government whose revenues are reduced because insurance benef..
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