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Q. A firm has the following production function, and it can hire as many workers as it wants at a wage of $100 per worker. Use this information to determine the marginal cost of output if the firm employs 3 or 4 workers, respectively
If society decides to use its resources fully and effciently (that is to produce on the PPF), then future generations will be worse off because they will not be able to use these resources." If this assertion is true, full employment of resources may not be a good thing. Comment on the validity of this assertion
Q. Suppose sellers of liquor are required to send $1.00 to the government for every bottle of liquor they sell. Further, suppose this tax causes the price paid by buyers of liquor to rise by $0.60 per bottle. Which of the following statements is correct?
Select a multinational firm of your choice and describe its corporate-level and business unit-level strategies. Support your answer with relevant data.
Leadbelly Co. sells pencils in a perfectly competitive product market and hires workers in a perfectly competitive labor market.
Define Mercantilism, Pick a country and talk about the products they import and export with the U.S.A. Also talk about the composition of trade with relation of abundance of the two countries
The type of manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job.
Suppose the store manager observes that the quantity demanded increases from 700 CD players to 1,300 CD players. Illustrate what is the price elasticity of demand for CD players.
Elucidate how formal organizations have evolved over the past century. What differences were there in organizations a century ago, compared to today's organizations.
When and where did modern economic growth first happen. What are the major institutional factors that form the foundation for modern economic growth. What do they have in common.
You can suppose any single peaked preference which you want and Characterize the equilibria of the model.
Depends on economic casebook how much does it cost to make a pair of nike shoes international.
Changes in disposable income affect government purchases and the government purchase function. How do changes in net taxes affect the consumption function.
The alternative is to tie bonus pay to some absolute measure of performance. Discuss the merits as well as drawbacks of each approach.
This will mean replacing one of the weekly passenger flights with a freight flight
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