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Assignment:
Question:
Is there a deadweight loss (DWL) when this good is produced in a perfectly competitive market - What is the value of the CS and PS in this case? Is there a deadweight loss (DWL) when this good is produced by a monopoly?
Consider the production function f(L, K) = 2LK + 5K1/3, where L is the amount of labor and K is the amount of capital. Calculate the average product of labor and the marginal product of capital. Is the marginal product of capital diminishing
Was average income growth greater from the late 1940s to the mid 1970s or from the mid 1970s to the late 1990s? What was one important source of strong income growth in the period you have identified?Explain, and be specific.
1. domestic market demand for some good is described by p 100 - q. domestic supply is described by p 20 2q.
using legitimate business publications and governmental ebsites research the answers to the following questions?1. what
Are Electric Cars Worse For The Environment? Discuss the damage done producing batteries, the fact that power for electric cars often comes from fossil fuels.
Write a one-page policy brief that addresses the questions above and write in paragraph form and do not number the paragraphs.
What is meant by statistical inference? What is its function and importance and What is meant by and what is the relationship between a parameter and a statistic?
Estimate this equation separately for men and women and report the results in the usual form. Are there notable differences in the two estimated equations?
Suppose a drug developer just received a patent on a new chemical compound, which could be used in developing a new drug to control cholesterol. The developer knows (with certainty) that it could successfully develop the compound into a safe
What were the underlying causes of the stronger than expected inflation rate (what goods experienced a rise in price and what goods experienced a fall in price?
How do countries use tariffs to increase revenues or protect industries - How do they affect exports?
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