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Question: According to legislation as of late 2002, the death tax (estate tax) is supposed to be fully phased out by the year 2010, but then reinstated at a maximum 55% rate in 2011. In terms of the LCH, how would these changes affect current consumption plans of those 65 and older?
a firm has production function q2lkk . the price of labor is w1 and the price of capital is r1. l and kdo not have to
Explain what causes economies of scale and can economies of scale and diminishing marginal returns apply to the same firm? Explain.
I am also going to invest $100,000 of my savings which were earning an average annual rate of 6%. What is my opportunity cost of opening the restaurant
Price Elasticity of Demand facing you in your scenario, including actual calculation of it using the midpoint formula. If you can't find data, then determine the Price Elasticity from the Characteristics and make up numbers to use.
A perfectly competitive firm encounters the following monthly costs and price. What is the fixed cost of this firm? What is the optimal output of this firm?
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.
How can increased human capital accumulation which results in a higher average number of years of education contribute to sustaining a high rate.
The industrialization period of the late 1800's saw several new forms of energy developed, including 1. more effective use of humans and animals to power machinery using treadmills.
How much labour would be needed to produce an output of 100? When K is fixed at 75, and 100 units of output are produced, by how much do short-run costs exceeds costs in the long run?
"Choose two variables you think might have a roughly linear relationship. Gather data on these variables and do the following statistical analysis- Make a scatterplot and Find the correlation.
The budget deficit is of tremendous concern and all law makers agree that some measures should be taken to reduce it. However, The Republicans see the issue as a spending problem, while the Democrats see it as a revenue problem.
Calculate marginal cost and marginal revenue for each level of output when market price and what is the firm's profit-maximizing level of output
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