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hildegard, an intelligent and charming Holstein cow, grazes in a very large, mostly barren pasture with a few patches of lush grass. when she finds a new grassy area, the amount of grass she gets from it is equal to the square root of the number of hours, h, that she spends grazing there. Finding a new patch of grass on which to graze takes her 1 hour. Since hildegard does not have pockets, the currency in which her costs are measured is time. what is the total cost to hildegard of finding a new plot of grass and getting y units of grass from it?
Assume this economy is closed to trade, and compute consumption, government purchases, national saving, and investment.
Illustrate what role did the policies of various governments play in influencing the international expansion strategies of both McDonald's and Wal-Mart.
What is the impact of the shrinking world on whether small to medium sized businesses should engage in international trade.
Illustrate what happens to output, the price level, and the expected price level in both the short run and the long run.
Consider the following short-run production function: q = 5L2 - 1/3L3. Illustrate at what level of L do diminishing marginal returns begin. At what level of L do diminishing returns begin.
Elucidate the effect of capital formation by compering the production possibility curve,at the present time and ten years in future, for two economies,one with a high and the other with a low rate of capital formation
Justify your discussion and analysis by using appropriate examples and references." The additional information on Trade Data and Analysis was submited last night.
Impact the decrease in the price of land will have on this firm's short run cost curves (short run fixed costs, variable costs also total costs). Elucidate your illustration.
If salary and prices are completely flexible, then an unfavorable productivity shock would raise both the natural rate of unemployment and the actual unemployment rate.
Assume you want to test the null hypothesis that the mean value of the bill in the box is 9 against the alternative that it is less than 9.
A new Taurus bought in 1994 cost $18,680 and it could have been sold as used in 1995 for $12,600.
Distinguish between the Federal funds rate also the prime interest rate. Why is one higher than the other.
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