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Second Quarter 2000, total investment spending was $1852 billion and net investment was $608 billion, What is the percentage that went to make up for depreciation of existing capital?
The cost function for a firm is given by TC = 6,000 + 12.5Q. The firm sells output in a perfectly competitive market and other firms in the industry sell at a price of P = 25 - 0.5Q. (i) What level of output should be produced to maximize profits?
A firm has $2,100,000 in sales, a Lerner index of 0.6, and a marginal cost of $45, and competes against 800 other firms in its relevant market.
Suppose when Russia opens to trade, it imports cars, a capital intensive good. (Consider the following Heckscher-Ohlin model.) According to the Heckscher-Ohlin model, is Russia capital-abundant or labor-abundant? Why? What is the impact of opening tr..
An important way to reduce water pollution from farms is to plant a buffer zone of bushes between crops and the water. Economists estimate that for each bush planted there is a $20 gain in reduced pollution. Market supply and demand curve for the bus..
Employment data at a large company reveal that 64?% of the workers are? married, 30?% are college? graduates, and one fifth of the college grads are married.
Suppose that the Bank of Canada unexpectedly decreases the money supply. What will happen to unemployment in the short run? What will happen to unemployment in the long run?
What is the effective rate of protection for the domestic MP3 player industry following the imposition of a 20 percent tariff on the imports of MP3 players. The cost of material inputs used in production of MP3 players in the country is $100 per unit..
a tax imposed on imports is calleda tariffa quotaa comparative advantagean excise taxquestion 2this result proposes
When a monopoly firm is operating in a range of output where total revenue is increasing as output increases, then marginal revenue
Explain a situation using the supply and demand for skilled labor in which the increased number of college graduates leads to depressed wages.
Why are only final goods counted in measuring GDP for a particular year? Why is the value of used furniture that's bought and sold not counted?
The museums operated by the US Art Services department have suffered from substantial losses for past years. The price elasticity of demand for the museums is estimated to be 0.6. If the US Art Services department would like to increase its total rev..
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