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What does the empirical fact that employment is not split evenly among professions in cities imply about the assumptions about the production technology? Generalize the production function ?? = min(??1 , ??2 ,... , ????) to account for this fact while maintaining perfectly complementary inputs.
Briefly explain how each of the following factors affect 17 year old Bob's decision to go to college:his discount rate, the difference in labor market earnings in each year post-college between what Bob would earn with and without the college degree,..
As a representative for one of the automakers, how would you counter the union officials' argument?
1. If total costs are given by TC(Q) =17.52 + 0.13Q + .004Q^2 then what is the total fixed cost?
comparing investment criteria mario brothers a sport producer has a new idea for an exploration sport. it can market
Assume that b=1 and that initially the real interest rate is equal to the marginal product of capital at 4%. As well, assume that v=1/2 and that the inflation rate last period was 2%. If the housing bubble busting causes the share of output of invest..
The marginal damage to your neighbor's business is a function of how many alligators you keep and the amount of money spent on a fence that separates your properties:
Practiced import-substituting industrialization. implemented industrial policies that almost all economists now believe promoted development.
If a natural monopolist is forced to price at marginal cost, does surplus increase or decrease and why? I thought that consumer surplus increased more than the producer lost because now production would be where MC crosses D rather than where MC cros..
Please assist with the following question problems. These questions pertain to Health Information Management program for the RHIA certification.
Discuss with details, how an interest rate increase will affet banks' balance sheet and income statement in terms of profitability and risk.
In the Battle of the Sexes game, Man likes to go to watch football, while Woman likes to go to the mall. Both of them would rather go together than go alone. They decide to show up to one of these places without contacting each other. A game like thi..
Question: Discuss the various Basic Types of Computer Language In 1-2 pages, discuss the various basic types of computer language available for use.
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