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Suppose the total cost of producing 10,000 tennis balls is $30,000 and the fixed cost is $10,000
Assuming that the cost cures have the usual shape, is the dollar difference between the average total cost and the average variable cost greater when the output is 10,000 tennis balls or when the output is 30,000 tennis balls explain.
Elucidate why is presidential power "conditional"-that is, why it affected so substantially by circumstance, the makeup of Congress, and popular support.
Indicate whether each of the following statements is possibly true or certainly false. The cost-minimizing bundle for y = 50 is l = 10 and K = 40 if labor and capital cost the same, and is l = 12 and K = 37 when labor costs $20 and capital costs $15.
Identify an economic theory or relationship you could estimate via OLS and describe the hypothesis you would test for that theory or relationship.
A market has a demand curve described by P=60-3Q and a supply curve described by P=20+2Q. Calculate Consumer Surplus
The monetary return to an additional year of experience will be higher for workers in the primary sector of the labor market than for those in the secondary sector. A union’s contract zone will be wider the more inelastic is the labor demand curve.
The administration and management of tax and subsidies should be the tool for achieving fiscal policy toward economic stabilization and growth. Explain it in details and with examples.
What causes movement along AD curve? What causes a shift in the AD curve? What are the factors that affect consumer spending ( C)? What are the factors that affect changes in Investment spending (I)?
q.a firm sells its production in a perfectly competitive market at a fixed cost of 10 per unit. it buys 2 inputs l as
Describe the equilibrium price and quantity, producer surplus and consumer surplus.
After calculating the sample size needed to estimate a population proportion to within 0.05, you have been told that the maximum allowable error (E) must be reduced to just 0.025.
If the intended aim of the price ceiling set in the graph shown was a net increase in the well being of consumers, then positive analysis would conclude:
Explain what Constitutional issues are raised with Wells Fargo and Disneyworld having access to customers’ fingerprint records. Who is the custodian of the fingerprint records and any rights the custodian maybe violating.
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