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Consider the production function Q = K0.5L0.5 where K is capital and L is labor. Suppose labor is fixed at 169 in the short-run. What is the average total product?
Use critical thinking to analyze the issue using economic concepts and theory learned in our class. Present two policy recommendations based on this issue. Use additional references to back up your arguments. Include at least one graph developed in t..
Conflicting political economic perspectives exist between many nations. Using the United States , Japan, and the former Soviet Union as examples, describe how each nation views capitalism and name at least 2 policy tools used by each to advance their..
what is the expected NPV for this new machine over ten years? what is the probability of a positive NPV?
You are valuing an investment that will pay you $12,000 the first year, $15,000 the second year, $18,000 the third year, $21,000 the fourth year, $24,000 the fifth year, and $27,000 the sixth year (all payments are at the end of each year). What it t..
In the chapter "Short-Term Decision Making," you are exposed to several cost concepts. Write a brief summary (3–5 paragraphs) of how these cost concepts relate to short- and long-term decision making for a company. Include an explanation of the diffe..
The type of planning conducted on a long-range basis by top managers is usually called
Consider the following two mutually exclusive alternatives for reclaiming a deterioring inner-city neighborhood (one of them must be chosen). Notice that the IRR for both alternatives is 27.18%. If the MARR is 27.4% per year, Which alternative is bet..
What is regionalism? Use European Union as an example to illustrate the major steps toward regional integration. What major features can you identify for regional integration in Europe, North America and East Asia? what are the dynamics for regional ..
Some examples of political problems associated with active discretionary fiscal policy are.... [Select two] Recognition lag taxpayer-funded favors to special interests Action (administrative) lag Operational (impact) lag
A company currently sells 60,00 units a month at $10 every unit. The variable cost every unit is $6. The company decided to raise the price about 10%.
There are two markets with inverse demand in market one as P_1 = 20 – Q_1 and in market 2 as P_2= 12 – Q_2. The firm’s cost is 2?(Q_1 + Q_2). Find the profit maximizing levels of Q_1 and Q_2 when the monopolist can discriminate across the two markets..
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. This firm is earning $15 on every $150 invested by its founders. Instructions: Enter your answers as whole numbers. What is i..
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