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Consider the linear production function q=f(K,L)=2L+K .
a. What is the short -run production function given that capital is fixed at K = 100 ?
b. What is the marginal product of labor?
will have to rise the money supply to keep the price level from falling.can keep the price level stable without altering the money supply or interest rate.
Clear Water Co. has a down-hole well auger that was purchased 3 years ago for $45,000. It has been depreciated over the three years as a MACRS-GDS 5-year property. It has an estimating remaining life of 7 years. O&M costs are $20,000 per year. Clearl..
discuss Colgate-Palmolive's revenue, gross profit margin, operating profit margin, and strategies of the firm. Explain how industry consalidation has impacted the company and make projections about the long-term prospects for the company.
The efficient market hypothesis suggests that allocating your funds in the financial markets on the advice of a financial analyst
According to the Keynesian model, equal increases in government spending and taxes will result in which of the following?
Evalute an environmental problem and explain how one of the three groups might resolve it? There is no word limit for the solution.
q1. explain why the following situations would occur in terms of the factors that affect elasticity.a demand for
After watching the NBC Learn video clip Some U.S. Businesses Profit from a Falling Dollar , consider who benefits and who gets hurt from a falling (depreciating) currency. What factors influence the value in a currency? Use real-world examples to hig..
Graphically illustrate the concept of an over-valuation of the dollar vis-a-vis the euro. What is the real explanation of the fact? Feel free to use your own data to illustrate the point.
In consumer-directed health insurance plans it is possible to have low levels of deadweight loss from moral hazard, while also having low coinsurance rates and no supply-side restrictions.
Address the following: Price elasticity of demand refers to the percentage change in demand resulting from a percentage change in price. Please review the definition of relative inelasticity and relative elasticity. These terms refer to how much dema..
The challenge that our economy is going to be facing is that we need to make decisions based on these fluctuations. Do you think our economy does a good job of evaluating these changes in output or not?
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