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A firm has production function Y=KL+L^2. The firm faces costs of $10 wages and $1 rental rate of capital. Find the cost function, average total cost, average viable cost, and marginal cost functions.
The consumption function assumes that
A company is planning a plant expansion that is expected to cost $10 million. How much must the company set aside now in a lumps-sum investment to have the money in 2 years? Capital funds earn interest at a rate of 12% per year, compounded continuous..
Broad trends in the Australian Dollar. Evaluate trends in the Australian dollar / United States dollar (AUD/USD) exchange rate and the trade-weighted index (TWI) over the period from July 2001 through June 2016 (i.e. 15 years). Discuss whether the tr..
When we apply 50 tons of fertilizer, the total yield is 1500 bushels. Elucidate the marginal value product per ton of fertilizer.
Illustrate what is price should Big Steel set to maximize its profits. Explain how much steel will Big Steel sell? How much will its competitors sell.
An energy manager expects a need for a boiler that costs $150,000 in about seven years. How much money should the manager save each year to have enough money for the purchase in seven years time if the interest rate is (a) 10% and (b) 3%.
Is this analysis consistent with the proposition which money has real effects in the short run but is neutral in the long run.
Ghana is a producer and exporter of crude oil. Since Ghana is a relatively small crude-oilproducing country, its actions do not affect world prices; as an exporter, Ghana faces a foreign demand curve that is perfectly elastic at a price of $ 15 per b..
The Chicago Board of Trade voted to create a private market for right to emit sulfer dioxide. The Clean Air Act of 1990 established a limit, beginning in 1995, on total emmissions of sulfer dixoxide from 110 power plants. Given that firms can exceed ..
Define the “natural rate of unemployment” and show that its two equations are equivalent. What are its causes and what is its significance for public policy? Define “structural unemployment” and explain its causes. Use a labor market diagram to show ..
A clear thesis statement An annotated bibliography for at least 10 scholarly or professional journal articles A summary that expresses the overall plan of the paper, including subtitles and topic sentences for each subtitle provided.
You have just spent several hundred thousand dollars on a research assignment, researching a project that your president wanted completed to support a major new initiative. The research results significantly contradict the intentions of the president..
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