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Question: Compare two cars A and B. The initial cost of Car A is $500 more than Car B. However Car A consumes 0.01 less gallons/mile compared to B. Given that B's salvage value is $100 smaller than A's after an expected useful life of 8yrs for both cars. How many more miles of use per year does A become more preferable to B. Assume a fuel cost of $1.70/gallon for the entire duration.
If savings rates and technology in all these countries are equal, what does the Solow growth model predict about GDP per worker in each of these countries.
Under what circumstances will the production function exhibit (a) decreasing (b) constant (c) increasing returns to scale? Explain this using first the production function and then the cost function.
assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of
a the short run total cost function of a perfectly competitive firm is given as follows assume that the market price of
Can the private and public morals of leaders be separated? What place should forgiveness have in organizations? How does personal forgiveness fit in?
Discuss the nature of emission allowances and provide justification. Discuss how emission allowances should be measured initially and subsequently. Provide journal entries for these transactions.
A firm produces tires by two separate processes that require different quantities of capital (K), labor (L), and raw materials (M). Process 1 requires one unit of K, four units of L, and two units of M to produce a tire yielding a $4 profit. Proce..
suppose that 0 coupon us treasuries due to mature in 1 year were yielding 3 while 0 coupon us treasuries maturing in 2
consider a competitive market served by many domestic and foreign firms. the domestic demand for these firms product is
Transaction cost is:
Compute the short run total product, average product of labor and marginal product of labor for all numbers of L between 0 and 7.
An article in the Economist argued that "heavy public debt risks more than just crowding out private investment. It can, in the extreme, bring on insolvency." What does the article mean by "heavy public debts"? How might heavy public debts lead to..
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