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Restaurants often locate along major highways. Since most customers at such restaurants will not return, does the restaurant have an incentive to develop a reputation for good food? If reputations are important, which restaurant will have a greater incentive to offer good service-one that is part of a national chain (such as McDonald's or Burger King) or one that is locally owned?
In 2001, Statistics Canada estimated the labor force at 16,109.8 thousand, employment at 14,946.2 thousand, and the working-age population (15+ years of age) at 24,444.3 thousand. Calculate the labor force participation rate for 2001.
In the United States, the capital share of GDP is 30%, output growth is 3%, the depreciation rate is 4% and the capital output ratio (K/Y) is 2.5. Assume the US economy is described by a Cobb-Douglas production function.
With this background in place, you will develop your own list of principles within a specific context that you define, announcing each in summary form and explaining and annotating each one using a combination of information, narration, and reflec..
Because WalMart has never systematically raised prices, there is no evidence that WalMart is engaged in:
That is you should identify certain claims or positions explicitly from yor references you've chosen and respond to them with specific detail.
Twin cities in order to study health care costs for a client. One of the items being tracked is the annual deductible that employees must pay. The Minnesota Department of Labor reports the mean of this distribution is $502 with a standard deviatio..
What is the algebraic equation for this curve d) Now suppose I1 increases to 1100 and I2 decreases to 900. How would the market demand curve shift How would the individual demand curves shift
a. Find the uniform continuous probability for P(X 645) for U(0, 1,000). c. Find the uniform continuous probability for P(30
An engineering student bought a $75 bicycle and agreed to pay for it with a single $85 payment at the end of six months. Assuming semi-annual compounding, what is the annual, effective interest rate
What distinguishes Socialism, Capitalism, Feudalism and Mercantilism? Note the general time line of the development of each
Given the production function Y=AK^0.3L^0.7 if output grows by five percent, the capital input grows by five percent, and the labor input grows by two percent, calculate the Solow residual. Calculate the growth rates of output per worker and capit..
In a small country, there is a single firm producing good X. The local demand curve is given by P=100-Q. The firm's marginal cost curve is MC=2Q. The world price of good X is Pw=30. a) In free trade, what will be the domestic production of good X.
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