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Dave’s Dogs is a firm that originally sold hotdogs and soft drinks from a cart located in front of City Hall. Then Dave purchased another hotdog cart and hired someone to sell hotdogs and soft drinks near the high school. Both locations have been successful. When Dave’s Dogs expanded to two locations, which of the following did NOT occur?
A) Dave's production function changed.
B) Production increased.
C) The company increased the inputs it employs.
D) The firm employed additional capital.
what is the size of the bank's actual reserves. Required reserves are 10 percent of transactions deposits under the assumptions of the simple multiplier formula, then eventually the money supply will increase by.
part 1 truefalse questions. explain your answer fully.1. the risk treatment in the bene.t-cost analysis assumes risk
Cab Wheeler is a newly hired business analyst with your group. Cab has always felt that questionnaires are a waste and interviews are the best way to elicit requirements. Now that you will be doing a systems project for MegaTrucks, Inc., a national t..
Illustrate what is the loss minimization output level for the firm. what is the Average profit or loss for the firm. what is the Total profit or loss for the firm.
Define syncretism and discuss examples of it within South Asian Islam and Hinduism. Also, after reading this chapter how can you view Islam as a "plurality of traditions" (201) rather than as a single monolithic entity?
The market demand for another product you are considering selling is Q(p) = 100 ? (1)p and as the 2. only producer of this product your production costs would be C(Q) = 40Q. You learn of a second firm wishing to enter this market. If you were to perf..
How many major wireless phone handset manufacturers are there?
Clancy has $1,800. He plans to bet on a boxing match between Sullivan and Flanagan. He finds that he can buy coupons for $9 each that will pay off $10 each if Sullivan wins. He also finds in another store some coupons that will pay off $10 if Flanaga..
Deer have become increasingly apparent in a rural county. Last year it was estimated that there were 40 breeding pairs (a deer must reach the age of 1 to breed). Do you think it is likely that the deer population in the county is increasing? Will the..
If producing a good generates pollution (a negative externality), from a social perspective ...
Indicate the various components of GDP when it is derived by the resource cost-income approach. Calculate using the resource cost-income approach.
Suppose that George operates a laundromat which requires two inputs, capital (K) and labor (L). Suppose George desires to produce 90 units of output, the cost of capital is $1 and the cost of labor is $27. What is his optimal input combination?
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