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!
Where T is the number of seat-miles produced annually, K is capital, L is labor, and F is fuel.
a. If currently American employs K=100, L=500, and F=20,000, calculate the marginal products associated with K, L, F.
b. What is American's MRTS between K and L? MRTS between K and F? Should American try to ensure that all its MRTSs are equal? Explain.
c. Explain what does American's production function exhibit constant, increasing, or decreasing returns to scale? How would your answer change if c=-0.2?
d. Does the law of diminishing returns imply decreasing returns to scale? Explain
Under the factors that government spending is cut, and taxes increase. how would you argue it positively.
In recent decades Americans have increased their purchase of stocks of foreign base companies.
Microsoft appears to have a monopoly with over 90 %of the personal computer operating market. Why then would it not be charging a monopoly price
Illustrate what does the area EBCD represent. Provide a full explanation of the concept that is shown in that area.
Assumed that each of the subsequent rows represents the choice faced by policy makers given the current set of U.S. institutions also technology.
Past experience has explain how that an 80% learning curve applies to the labor required for producing these units. The time to complete the first unit has been estimated to be 1.76 hours.
Offering group medical coverage to large firms and requiring all employees to participate in the coverage.
Explain, in plain words, illustrate what the R-square in this regression indicates.
One of the partners favors moving downtown because she believes the additional business gained by moving downtown will exceed the higher rent at the downtown location plus the cost of making the move.
Assume that after the exchange of one permit, the marginal cost of abatement is for the firm that sold the permit for $170 also the marginal cost of the firm
Why as a result of rise in exchange rate, the amount of imports fall but not as much as it does when the supply is perfectly elastic.
Illustrate what other additional information do you need, and how would you proceed if you had that information.
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