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A firm’s production function is given by: f(L,k) = L^1/2 , where L is the only input into production and it is variable in both the short and long run. Draw the long-run conditional labor demand in (L,Q) space (in other words, with L on the x-axis)
Margie has just attended the funeral of her son William, who died this week after several years of poor life quality in the same nursing facility. William's first stroke happened 3 years prior; two more strokes followed, and he lingered in poor he..
write an assessment of local economic development programs within your community. be sure to address key issues
A television station is planning the sale of promotional dvds. It can have dvds manufactured by one of two suppliers. Supplier A will charge the station a set up fees of $1200 plus $2 for each dvds;
At the beginning of the most recent financial crisis, banks were hurt by all of the following EXCEPT
what do you mean by a social welfare function? if you assume that such a function exists what properties of social
Briefly analyze in terms of supply and demand the effects upon the given market of the following events. Are these changes a shift in the demand curve, a shift in the supply curve, a movement along the demand curve,
To calculate the growth in GDP, use the compounding growth function
two hazardous environment facilities are being evaluated with the projected life of each facility being 10 years. the
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choose an industry you have not yet written about in this course and one publicly traded corporation within that
read each question carefully and clearly state any assumptions made.1.compare and predict outcomes based upon
explain how the circular flow diagram relates to the current economic situation. using the circular flow diagram
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