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You have determined that the service (Z) provided by BF is a function of its medical staff input (M) and social worker staff input (S) which is given by:
Z = 2M + S + MS - S2
BF's staff budget for the coming year is $600,000. Annual employment costs are $50,000 for each social worker staff member (S) and $100,000 for each medical staff member (M).
Using the Lagrangean multiplier approach calculate the optimal (i.e., service maximizing) combination of medical and social worker staff. Determine the optimal amount of service provided by BF.
The interest rate on overnight loans from one bank to another is the_________. are the most important policy tool the Fed has for controlling the money supply.
q1. a monopolist has demand and cost curves given byqd 10000 - 20ptc 1000 10q .05q2a. find the monopolists
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The nation of Erehwon has three industries: manufacturing, agriculture and services. Each national industry has 50 million workers. Regional Consultants, Inc. (RCI) is doing an economic base study of the metropolis of Centralia, a metropolitan region..
What is the significance of "core deposits" to bankers?
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