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Assume that a firm employs labor and capital by paying $40 per unit of labor employed and $200 per hour to rent a unit of capital. Given that the production function is given by: Q = 10L - L2+ 60K -1.5K2, where Q is total output, L is labor, and K is capital, what is the firm's optimal combination of capital and labor?
If there is no currency drain and all funds loaned out by this bank are deposited back in this bank, what are the bank's excess reserves, if any, after the new deposit has been made and how much new loan this bank might be able to create.
question 1you are making your first export shipment.nbsp list five expenses you might incur that you wouldnt have in a
In 1981, when regulations were holding the price of natural gas below its free-market level, then-Congressman Jack Kemp of New York said the following in an interview with the New York Times: ?
As baby boomers retire. What will happen to supply and demand Will we use our surplus and how shown in a graph. Show aggregate demand/supply etc. should the solow growth curve be part of the graph List all that needs to be involved.
Government play in affecting the supply also demand of a key commodity such as gasoline or electricity?
What is one significant consequence of fractional reserve banking Banks are vulnerable to "panics" or "bank runs." Banks can only lend an amount equal to its deposits. Banks hold a portion of their deposits in gold. Banks can serve the withdrawals..
The demand function for VCRs has been estimated to be Qv = 123 - 1.7Pt + 46 Pm - 2.1Pv -5M, where Qv is the quantity of VCRs,Pt is the price of a videocassette, pmis the price of a movie, Pv is the price of a VCR, and M is income.
Differentiate between White-box and Black-box testing. Which one is more useful and why?
1. Compute the elasticity for each variable. 2. How concerned do you think this company would be about the impact of a recession on its sales? Explain. 3. Do you think that this firm should cut its price to increase its market share? Explain.
The Dade Corporation is borrowing $300,000 for one year and paying $27,000 in interest to Miami National Bank. The Bank Requires a 20% compensating balance.
Write something about how the economy in your country ( my country is Saudi Arabia ). Tell about economic activities of the past and of the present.
Illustrate what Information do you require to perform a marginal analysis to identify the profit-maximizing output.
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