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What is "human capital," and how does human capital affect labor productivity and economic growth?
how does the minimum wage law present a trade-off between economic efficiency and social
Should food and beverage advertising to children be banned? What about for other types of products as well? Is it unethical for food companies to target their ads towards children? In a period when most parents are working, how are children to be pro..
You decide to open a retirement account at your local bank that pays eight percent/year/month (eight percent per year compounded monthly). For the next 20 years, you will deposit $600 per month into the account, with all deposits and withdrawals occu..
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A firm produces 4,000 units of output using 500 workers. Marginal cost is $10, the wage rate is $160, and total fixed cost is $100,000. What is the marginal product of labor?
Normal 0 false false false EN-US X-NONE X-NONE Why is time such an importa..
Explain the following statement: "Changes in disposable income lead to movements along the consumption function while changes in wealth lead to a shift of the consumption function.
Employee benefits have become more and more an important part of employee compensation. According to the text, what percentage of employee compensation is employee benefits?
The rate of our imports and exports has nearly quadrupled during past decade alone. Firms today are hiring, investing, buying, selling, increasing capital overseas among other things
The marginal cost for a software company is zero. There are equal numbers of home users and commercial users, and the company cannot distinguish between the users. What is the best strategy for a software developer given the demand below?
Interested in looking at the relationship between the number of people on the sales force and the dollar volume of sales.The following data
Applied Technology, Inc. (ATI) produces bicycle frames using two fiberglass materials that improve the strength-to-weight ratio of the frames. The cost of the standard grade material is $7.50 per yard and the cost of the professional grade mat..
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