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You are running a small yard maintenance business for the summer. What do you expect to happen to the number of yards you can maintain in a day as you add workers if you don't purchase more capital equipment (like mowers and leaf blowers)? Provide at least (2) supporting facts to support your response.
Assume Firm Y's production function is given by the following Cobb Douglas equation: Q = 0.5 x L0.6 x K0.5 where L denotes labor and K denotes capital. a. Does the production function exhibit increasing, decreasing or constant returns to scale.
Suppose there is an increase in risk aversion by wealth holders in the sense that, other things equal, they want to hold more of their wealth in money (bank deposits) and less in securities.
How cutting offshore outsourcing and imported durable goods will affect the domestic investment, domestic interest rate, NCO, exchange rate and net export
What is the difference among a positive and a normative statement. Why do economists sometimes offer conflicting advice to policymakers.
By how much does its value exceed what it would be if all earnings were paid as dividends and nothing were reinvested?
What are the costs of unemployment? What is the unemployment rate?
Rewarding insights LLC. current annual profits are $20,000. If they anticipated a 2% growth rate in profits and a long term interest rate of 3%, estimate the present value of the firm.
Amos Excavating Inc. is purchasing a bulldozer. The equipment has a price of $100,000. The manufacturer has offered a payment plan that would allow Amos to make 10 equal annual payments of $15,582, with the first payment due one year after the purcha..
Can you find others that are illegitimate and that you would classify as spam, phishing, or possibly carriers of malware? What factors determine whether a company's use of e-mail should be considered legitimate or illegitimate?
Use a production possibility frontier to illustrate the probable results of your fiscal policy. By how much did consumption change? By how much did savings change?
Suppose that the costs of continuing the trial cause the firm to stop the development of the drug. Are the costs of continuing the trial considered sunk costs
Under the expectations hypothesis, if long-term yields are higher than short term yields, does this mean that future long term rates should go up, down, or stay the same?
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