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Question: Lisa is a self-employed physical therapist who works from a rented space. Lisa charges $250 for a therapy session. She incurred the following costs last month: space and equipment rental, $1,200; wages, $3,500; materials, $1,800. If Lisa's profit last month was $2,000, how many clients did she see?
There is a village in which there are 10 farmers. The only thing which farmers plant is corn. Calculate the village GDP. Determine the total consumption in the village and Determine the level of government spending in the village
Explain how the number of "discouraged workers" (unemployed workers leaving the labor force) affects the official unemployment rate.
Calculate the marginal revenue product given this information and how many real estate agents will the manger hire if the wage rate is $32,000? Why?
A constant cost, perfectly competitive market is in long-run equilibrium. At present, there are 1,000 firms each producing 400 units of output. The price of the good is $60. Now suppose there is a sudden increase in demand for the industry's produ..
Suppose you are the manager of College computers, a producer of customized computers that meet specifications needed through the local university.
How are price control like false payments? Or are they?
Explain how the passages support your opinion. Conclude your critique by summarizing your argument and re-emphasizing your opinion.
Rent control creates a shortage of housing, which makes it hard to find a place to live. In a price-controlled market, people have to waste a lot of time.
If the firm's product sells for a constant $2.00 per unit, what is the marginal revenue product of the third unit of labor?
The problems in the global banking system in 2007/08 affected most major economies of the world. In response governments introduced monetary and fiscal policies to try to improve the situation. With reference to a country of your choice:-
An energy management system that can save 7,500 per year for four years, expenses are 2,000 per year, installed at a cost of 20,000. At the end of 4 years it is expected to be sold for 1,250. using the end of year convention, the rate of retur..
part-1you are the owner of a supermarket that wants to understand your clientiacutes preferences so that you can
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