Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Consider the production function with a fixed input factor like land, X, as Y = BXβL1-β, where L is labor as usual. Take β = 0.5 (recall that this is the share of land in agriculture output).
a. Consider a migration of rural population to urban area. If half of the population is gone, what would happen to output per capita, y, in the rural area? b. How large the percentage of population outflow need to be to make y in the rural area to be doubled?
some firms leave the industry and the industry returns back to a long-run equilibrium. Illustrate what will be the new equilibrium price, assuming cost conditions in the industry remain constant.
Assuming that the various activities that need to be performed in the manufacturing process are considered labor operations, draw a value chain level diagram that thoroughly depicts the duality relationships between paired events that lays behi..
Suppose your company runs a shuttle business of a hotel to and from the local airport. The costs for different customer loads are:
How extensive was the area affected?
Tony decided to visit his parent in San Diego during the long weekend. He has two options.
q1. an average department store sells 350 mens suits every year. the mens suit departments at a particular national
Identify a type of market structure in which a minimum wage law or labor union would help entry-level workers, then explain why it would help them.
Your company has just purchased a new 3D printer for $27,000. The printer is expected to have a negligible salvage value at the end of its useful life (10 years). However, it is expected to generate $8,000 in revenue for your company annually and wil..
Government often grows to meet the demands of the citizenry and so does the costs associated with that growth. Identify an example of growth that was necessary and provide reasons why. Explain why such expansions are needed to meet the needs of socie..
China's entry into the World Trade Organization (WTO) in 2001 created more competition between local and foreign firms, and also provided China greater access t
q.the beta corporation operates in an business that has a herfindahl-hirschman key of 800. beta wants to combine with
A firm currently uses 100 workers to produce 200 units of output per day. The daily wage (per worker) is $80, and the price of the firm's output is $50. The cost of other variable inputs is $600 per day. The firm’s fixed cost is 8,000. The marginal c..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd