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Q1. Suppose that businesses buy a total of $100 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. If households receive $60 billion in wages, $10 billion in rent, and $20 billion in interest explain how much are households paid for providing entrepreneurial ability?
Q2. What is the total surplus if from Carlos, Bob buys a unit, if from Courtney, Barb buys a unit, if Bob buys a unit from Chad? If you match up pairs of buyers and sellers so as to maximize the total surplus of all transactions, what is the largest total surplus that can be achieved?
Give a detailed explanation about how the engineer's income generation as described above affects GDP and GNP of U.S.
Analyze the equilibrium cost and quantity in this case and label it on your graph. Moreover calculate, deadweight loss, consumer surplus as well as industry profits.
Budget line showing the various combinations of scores on the two exams that she can achieve with a total of 400 minutes of studying.
A woman managing a photocopy establishment for $25,000.00 per year decides to open her own duplicating place.
Compare social welfare under the bribe with social welfare in the case where the police officer always abides by the law.
Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
As a business owner making a final decision regarding the international aspects of a business decision, you may decide to set up a table with the risks and weigh their relative importance against the rate of return you foresee
Wwhat is the equivalent annual worth of costs for the website over a total of 6 years at an interest rate of 12% per year.
Free zone would happen if the central bank lowered the federal funds rate and buy securities on the open market.
Fully explain your answer in a way that shows your understanding of monopolies. Your paper should be two to three double-spaced pages and formatted according to APA style as outlined in the Ashford Writing Center.
Suppose that the demand for healthcare services is perfectly inelastic while the supply curve is upward sloping. Analyze the impact.
Illustrate the solution graphically using Labor Supply / Labor Demand and Production Function diagrams.
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