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What are the difference between the longleaf pine and the slash pine in the first 2-10 years of growth? Do Pine Trees have male and female cones? How many seeds in an adult melaleuca tree? What is an important ecological role of the fox squirrel in a pine flat wood community? What might be the benefits to the individual longleaf pine that the fox squirrel chooses to eat from?
Peter Minuit bought an island from the Manhattoes Indians in 1626 for $24 worth of glass beads and trinkets. The 1991 estimate of the value of land on this island was $12 billion. What rate of return would the Indians have received if they had ret..
a.) Determine the profit maximizing level of output. b.) Compute the profit maximizing price. c.) Calculate the upper and lower limits within which marginal cost may vary without affecting the profit maximizing output or the price.
The director of a nonprofit foundation that sponsors 8-week summer institutes for graduate students analyzed the costs and expected revenues for the next summer institute and recommended that the session be canceled. In her analysis she included a..
find out the MRTS of the following questions for a. q=L^0.5K^0.5, b. q=L^0.5+K^0.5, c. q= min {K,L} and d. q=L+K. I think for the first two I have the correct answers and just need to make sure I didn't do the math incorrectly.
Velocity and ATMs. Suppose the introduction of ATMs led households to hold less of their wealth as deposits in banks or savings and loans.
So compute the variance of each stock, where $50 is invested in each, and the variance of the portfolio will be four times this amount.
Using the learning curve equation for these labor costs, log C = 3.30755 - 0.28724 log Q, calculate the estimated cost of the 200th unit of output. What is the percentage of learning at Emerson?'
Thinking globally. Compare the composition of spending in the US federal budget to the federal budget in Canada, which is similar to the United States in income level and federal structure. How does the spending mix differ? What factors might acco..
Repeat part c, starting the economy above the steady-state capital-labor ratio. Explain the observed growth path.
design two packages for the second-degree price discrimination case so that the first package has quantity 8 for the high demand and the second one has quantity 6 for the lower demand such that the low demand group has consumer surplus at least $5..
A firm uses two variable inputs, labor, L, and raw materials, M, with typically shaped isoquants. It pays $20 per hour for L and $5 per unit for M. At the current mix of L and M, the marginal products of L and M are: MPL = 20 MPM = 4
Suppose that the U.S. demand for maple syrup, in thousands of gallons per year, is Qd 6000 - 30P. What is the elasticity of demand at a price of $77 per gallon?
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