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Q. If price of capital is $24, price of labour is $15 and marginal product of capital is 16, least costly combination of capital and labour requires that marginal product of labour be?
Q. Both antitrust policy and industrial regulation deal with monopoly. Illustrate what distinguishes two approaches? Explain how does government decide to use one form of regulation rather than or?
Calculate the predicted percentage change in tickets sold. Would you expect ticket revenue to rise or fall.
Design an alternative author-compensation scheme under which the author and the publisher would pick the same price.
Considering political disposition as an axis of product differentiation does vertical or horizontal differentiation best categorize it.
How to get o/p of SEQ SS in SPSS. When we want to know sequential value which accumulate R square.
The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled
A residential rental property is acquired during the first month of the taxable year, at a total cost (including transaction costs) of $1,200,000.
Is the student necessarily better or worse off than before from such a transfer implied by consultant A.
Why people at buffet s put more on their plates and eat more the greater the variety of items they have to select from.
explain how and why a monopolist would try to price-discriminate: Providing air travel for business people and tourists; A fast-food restaurant that serves business people and retired people
For out Back Steakhouse, seating capacity is limited in the short run.
Analyze how a bartender would know which the price of an exotic drink was too low or too high. Provide adequate conceptual justifications.
Graph the demand curve for X given the above information. Elucidate how will the demand curve change if M falls to 35,000.
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