Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Marginal Analysis is one of the most important tools of modern Economic Thought, and it provides the foundation for the approach to solve many problems in Labour Economics.
Assume that you have to determine the optimal amount of workers (L) that need to be hired in a factory. The Marginal Benefit to the factory is approximately given by the expression:
MB = 100,000 - L.
The Marginal Cost to the firm is approximately given by the expression:
MC = 10,000 + L ^2.
a) Explain the Marginal Approach. How do you make a decision using this approach?
b) Why the model has the Marginal Benefit as decreasing?
c) Why the model has the Marginal Cost increasing at an increasing rate?
Why are events particularly popular for promoting economic growth.
- Trade policy analysis of UK's attractiveness for FDI.
A manufacturer can sell 400 watches for $11 each and 800 watches for $6 each. Find a demand and price equation assuming the relationship is linear. p Dq = = ( ). Find the quantity demanded at $10 per watch.
The main drawback of the Herfindahl-Hirschman Index (HHI) is that:
In this assignment, you will examine how to construct production possibilities frontiers and use them to explore economic tradeoffs. Each country on your graph should have the same degree of concavity, with the two outputs of goods and services label..
You recently joined Magna Enterprise, a commercial real estate developer, and have been given a position working directly for Evelyn Kemme, Magna's CEO. When you meet Evelyn for the first time, she gives you a project she wants you to complete by the..
Moving Equilibrium. Show the effect of each on the monopoly market equilibrium; you don’t need to have exact answers but explain the direction of change in the demand and/or marginal cost curves.
Ace Manufacturing is building a new facility that will cost $44M. Ace will borrow $40M from First National Bank and pay the remainder immediately as a down payment. Ace will pay 7% interest but will make no payments for 4 years, at which time the ent..
Investco wants to invest money that would generate an annual yield of at least $20,000. Two stock groups are available: bank stocks and tech stocks, with average annual yields of 15% and 25%, respectively. What is the minimum amount of Investco shoul..
It is observed that in an area with a lot of illegal immigration, the average wage of native born workers actually increased. Explain how this could have happened, using economic logic. Also, judge whether this is good or bad for the local economy.
Which of the following is (are) true about the loanable funds market?
The beta of GM is 1.7. GM just paid a dividend of 1.5 dollars per share, and dividend growth rate of 10%. What is the intrinsic value of GM stock per share?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd