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Consider an economy with the production function Y = L1/3
a) Derive the Labor demand Curve
b) If Labor supply curve is Ls = (w/p), calculate the equilibrium levels of real wage, labor and output.
c) Assume MS = 45 and k = 3. What is the equation of the aggregate demand curvefor this example? What is the price level? What is the nominal wage level?
read the thomas article squeeze play and discuss how long you think the emerging upstart airline carriers in asia that
How do countries use tariffs to increase revenues or protect industries - How do they affect exports?
slutsky equation and intertemporal choice. suppose that the preference ordering of an individual can be represented by
2)BASIC STOCK ANALYSIS a) For each stock calculate the historical average return, the volatility, both on a daily base and annualized, and the correlation amongst the four stocks. Explain how you calculate them. b) What is your first assessmen..
good aliens corporation we make good product we have good machines it is all good good aliens corporations a famous
microeconomics problem price gouging after disastersyour final research paper should be a minimum of four pages and not
Globalization
Explain why in a perfectly competitive market the firm is a price taker. Why can't the firm choose the price at which it sells its good and Leskeista produces table lamps in the perfectly competitive table lamp market.
When an economist says that a currency has become stronger, he or she means that it will buy less of foreign goods. it can be exchanged for more of a foreign currency.
What are the economic benefits of the flu shot and in what ways has the government become involved in the distribution of flu shots?
a local hardware store is trying to decide whether to stay open. they have found that their industry is extremely
Assume that you are an advisor to the United States section of Justice, the agency with responsibilities that include, among others, the power to approve or disapprove proposed business mergers in the U.S.
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