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Q. Economists call education ‘an investment in human capital.' Define capital. Investments are undertaken to earn a rate of return. Describe return to an investment in a college education. How would you go about measuring return, how would you decide if it is good enough to warrant investment and in what sense is education capital?
Explain your reasoning.
Illustrate what is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $50 per visit, the frequency of repurchase is 12 times per year.
At what value of X will Q be at its maximum. Illustrate at what value of X will Diminishing Returns set in.
Assume which incidence of HIV in the population is .005. Compute the yearly premium of the 1st policy.
Draft a research proposal to identify the problem also suggests a methodology for recommending a solution.
explain how many sodas will the consumer purchase in a typical month. Illustrate what is the elasticity of demand for soda.
Elucidate how absolute also comparative advantages were used in your simulation. Elucidate the influences affecting foreign exchange rates.
Illustrate what closing time should Citywide Spirits Shoppe choose to maximize profits.
When aggregate demand shifts left along the short run aggregate supply curve, then unemployment?
Changes in the macroenvironment affect individual firms and industry through the microeconomic factors of demand, production, cost and profitability.
Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
Elucidate his production potential. In one person economy could this also be his budget line.
Now suppose the economists allow for crowding out. Illustrate what would their new estimate of the MPC be larger or smaller than their initial one.
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