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Let the cost function be C= 100 + 4q+ 4q(2).
Derive an expression for average cost. Derive an expression for marginal costs. Is there any range of production characterized by scale of economies? At what production level are scale economies exhausted?
Elucidate why those rates may be more meaningful as a measure of change across time than the actual numbers of those events."
q1. p320-.04q with quantity q measured in thousands of barrels per day and price p measured in dollars per barrel. the
illustrate what prevented the villagers from reaching this higher-income allocation of resurces when they acted independently
Assume the subsequent data describe o/p in two different yrs. Compute nominal GDP in every yr.
By examining the t-statistics associated with the regression coefficients, at the 5 percent significance level, which of the two independent variables are statistically different from zero?
The link between the money market and the goods and services market exists through the impact of
Ben Laden is considering an attempt to differentiate his product from several other competitors by using high quality natural herb dyes.
On a graph where the total income is on the horizontal axis and the number of tasks is on the vertical axis, why does the piece rate appear as a straight line? Show that if the piece rate goes up, the line become flatter.
What are the three factors that determine the behavior and ultimate value of people in an organization? From a manager’s perspective, which is the most important factor of the three
Does economic growth necessarily involve a parallel outward shift of the production possibilities frontier?
How does an increase in interest rates affect the present value of a future payment? How does an increase in the size of a future payment affect the present value of a future payment?
Also, 40% of cell phones are both Flashy and owned by Hipsters. Finally, if a cell phone is owned by a Granny, the probability of it being Dull is .98. What is the probability that a cell phone is both Dull and owned by a Hipster.
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