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Question: Instruction: In this blog, post responses to the discussion prompts below. Your responses must be substantive with at least 150 words and contain at least 1 in-text citation and the corresponding reference.
• Discuss the key differences between productivity in the production of goods vs. productivity in the production of services, and list important factors that can help to improve productivity in services.
• Discuss and provide at least three reasons for the existence of economies of scale.
Consider a production setting with two factors of production,one fixed in the short run.Show how isocost/isoquant analysis can be used to derive a short run average total cost curves.Label your diagramms carefully.
The Industrial Revolution, which began in the eighteenth century, has had an ongoing influence on society as well as the relationship between humans.
1. The construction cost of a permanent park is $600,000. Annual maintenance and operation costs are $120,000 per year. At an interest rate of 10% per year, the capitalized cost of the park is nearest to: 2. At an interest rate of 10% per year, th..
What are the most important motives behind an enterprise's decision to undertake foreign direct investment? What is meant by the term multinational.
What changes will there be in the predator-prey system if we introduce a new parameter of B instead of A? x' = x(1 - x) - xy , y' = y(1 - y) + Bxy
What kind of strategy would you recommend for Xiaomi's international expansion? Would you recommend product standardization or localization?
what is the difference between scarcity and rarity? do bill gates and donald trump face scarcity and if yes how so?
In a small town which has two grocery stores, the total demand and the total supply curve for groceries are estimated to be Qd = 100- P and Qs = 4P - 200.
Explain how the following events affect output, capital and consumption per unit of labor in the long run and along the transition according to Solow's Model:
a two-year-old child is eating raisins one at a time from a large box. even though the child doesnt understand formal
New Maple Syrup Sap Method With the new way to tap maple trees, farmers could produce 10 times as much maple syrup per acre. Source: cbc.ca, February 5, 2014.
Specify the exact duration and severity of the 2008 recession and identify and explain the root causes of the 2008 recession.
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