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1. If the first unit takes 24 hours to complete and you expect a 90% learning curve, how long will it take to complete the 14th unit?PLEASE, Use En=KN^s
2. How long will it take for all 14 units?PLEASE Use ET=K/(s+1)*(N^(s+1))
3. If the 3rd unit takes 141 hours and the 4th unit takes 136 hours, how long will it take for the 30th unit?
4. How long will it take for all 30 units?
Which of the following curves—average fixed cost, average variable cost, average total cost, and marginal cost—would shift as a result of the lump-sum tax? Why? Show this in a graph. Label the graph as precisely as possible.
What is the value of the price elasticity of demand if the price of the good changes from Po=$4 to Pi=$5? NOTE: Express your answer in NEGATIVE terms. What is the value of the price elasticity of supply if the price of the good changes from Po=$4to P..
Why is it possible to change real economic factors in the short run simply by printing and distributing more money? Explain why a stable 5% inflation rate can be preferable to one that averages 4% but varies between 1-7% regularly.
What is "though net investment can be positive, negative, or zero, it is impossible for gross investment to be less than zero".
Algebraically solve for the competitive and socially optimal price and quantity combina- tions. Quantify the extent of the resource mis- allocation associated with the competitive solution.
Assume that the least-squares line for predicting forearm length (y) from height (x) is y = -0.2967 + 0.2738x . Both forearm length and height are measured in inches in this equation. Predict the forearm length of a man whose height is 70 in.
Construct a numerical example to show that as marginal product (MP) rises, marginal cost (MC) falls. Explain your answer and use tables and graphs to illustrate.
What is the equilibrium to the quantity subgame when k = 8? Explain why the first mover will not install a capacity less than 6 or greater than 12.
Suppose that oil prices rise sharply for years as a result of a war in the Middle East. Illustrate with a diagram what happens to the: Demand for automobiles? Demand for home insulation? Demand for coal? Demand for tyres? Demand for bicycles?
Economists often study and evaluate economic policies by country or region. As an economist, evaluate different regional trading arrangements.
Marketing mix is controllable set of activities that the firm employs to respond to the wants of its target markets. Make a report on the marketing mix and keep the following questions in mind:
Think about the ethical implications of research. Are there research practices that are ethically questionable - what, and how? What can you do to make certain that your research is ethical
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