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Assume that company hires workers for $10 per hour (wage rate) in the factory having rental cost of $100. drive the cost function by using production function.
first compute the variable cost for Q = through Q=5Next compute the fixed cost for Q =0 through Q=5Then compute the total cost for Q=0 through Q=5, This is the cost function.finally compute the marginal cost for Q=0 through Q=5Draw a marginal cost curve and compare it to the marginal product curve above. Explain what you see.
For each of the following pairs of variables, indicate whether you would expect a positive correlation, a negative correlation, or a correlation close to 0. Explain your choice. Maximum daily temperature and cooling costs.
How would you distinguish between "pure'' autocorrelation and speci?- cation bias?
What clarification do you need regarding the posting and what differences or similarities do you see between your posting and other classmates' postings?
Suppose you have $5,000 in savings when the price level index is at 100. What is the real value of your savings if the price level declines by 10 percent?
Suppose a project has two possible outcomes. There is a 70% chance that it brings a profit of 10,000. There is a 30% chance that it brings a profit of 4,900.
What is the probability that the employer will hire a high skilled worker?
What is the average fixed cost if the publisher produces 5 million copies? 10 million copies? 20 million copies?
Explain what happens to consumer surplus in the market for lemonade. Illustrate your answers with diagrams.
The Governor of the Bank of England, Mark Carney, will be stepping down once the Brexit process is complete. Outline how you see the policy priorities.
For this assignment, due in Module Eight, you will submit the overview and macroeconomic variables components of your macroeconomic analysis paper.
If the government were to make university attendance mandatory and subsidize tuition costs with tax dollars, how might this affect a nation's economic growth?
Analysis the number of buyers and their relative sized.
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