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Derive the supply schedule from the following supply function: QS = 10P Derive the supply schedule from the following supply function: QS' = 20 + 10P
The primary reason women tend to be paid less than men on average is: The expected rate of profit is greater than the interest rate.
Draw a diagram to Explain how effect of advance of technology in labour market.Illustrate what is when-to-work decision when technology advances.
Jerry bought a house for $400,000 and made an $80,000 down payment. He obtained a 30-year loan for the remaining amount. Payments were made monthly. the nominal annual interest rate was 6% after 10 years (120 payments) he sold the house and paid the ..
The following data represent weights (in pounds) for two random samples of men of approximately 5 feet 10 inches tall and of medium build. The only difference is that the first group is comprised of athletic persons and the second of non-athletic one..
If the short run marginal and average variable cost curves for a competitve firm are given by: How many units of output will it produce at a market price of 0 ? At what level of fixed cost will this firm earn zero economic profit?
Under the first plan he pays $0.25 per minute of connect time. Under the second plan, he pays a lump sum of $30 per month and only $0.10 per minute of connect time. Determine David's optimal consumption bundle and his choice between the two plans.
Find the output you should produce in order to maximize your expected profits so that you can then determine your expected profits accurately.
Explain how much is the dollar overvalued/undervalued. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year's time.
Suppose each monopolist is allowed to sell both domestically and export the good. At what price will the good be traded? What quantity will each firm sell domestically and what quantity will it export?
Jane, like Mary, grows silver bells and cockle shells in her garden, only she doesn’t have any space constraints. She does have a money constraint: she can only spend 500 pence (p) on flowers. Like Mary, Jane has a utility function for silver bells (..
Mr. and Mrs. Cally are in the process of buying a home for $240,000 and are considering the following home mortgage financing options: What is the expected home's value in 5 years? What is the outstanding loan balance in 5 years for option 1: ? for o..
Calculate consumption expenditures as a percent of real GDP for all years and calculate GDP growth in 2011 and 2012.
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