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Derive the optimization condition of a profit-maximizing firm that operates in a perfectly competitive markets.
What is the marginal product of labor? Please provide the autheentic solution of this problem.
We are considering replacing your water heater with an array of solar panels. The net installed cost of the solar panels is $1,400 ($2,000 less a 30% tax credit from the government).
Although Charlie (4C) has been in business for only a short time, he is thinking about opening a second restaurant similar to his current operation-a relatively
It is shown that the population of New York City, NY is much greater than that of Irvington, NJ. Employment opportunities, malls, social activities and tourist sites in New York City are therefore more than that in Irvington. If attractiveness for Ne..
The salvage value, Sal, of a $300,000 piece of equipment as a function of time t is given by Sal(t) = 300000e-0.2t Determine the salvage value of the equipment after 6 years. What is the rate of depreciation of the equipment after 6 years?
Given production function Q= 100(L^0.5)(K^0.5), where L = labor hours per unit time, K=machine hours per unit time, and Q=output per unit time.
Do you exhibit economies of scale, diseconomies of scale, or neither? Explain
Explain the difference between a normal good and an inferior good. Would your answers to question 7 change depending on whether this good is a normal or inferior good? Why?
What was the hoped-for result on C, I, and Y - what other factors might have influenced the level of investment spending during those years? Do you think the Federal Reserve achieved its goal? Explain.
Analyze the determinants of the price elasticity of demand and determine if each of the following products are elastic or inelastic - Explain the difference between a positive and negative externality
bramble ltd makes 2 different types of boots premier and champion each using the same leather and the same skilled
How would you conclusion change for the winter months, if bad weather makes it likely for traffic jams on the highway to increase to 6 days per month?
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