User Account

All Pages

Pharmaceutical drugs using computers and scientists

Assignment Help Macroeconomics
Reference no: EM131284555

A firm produces new pharmaceutical drugs using computers and scientists. Computers cost $10 and wages for scientists are $10. There is also a givernment program attempting to boost employment of scientists which will pay 50% of a wage for any scientist hired, up to a maximum of 2 scientists.

1) Draw an isocost line for cost=10

2) Draw an isocost line for cost=20

Reference no: EM131284555

Questions Cloud

Can lesotho afford an independent monetary policy : Can Lesotho afford an independent monetary policy
How business is conducted and other businessrelated issues : Look for differences regarding customs, use of space, hand gestures, time orientation, social behavior, how business is conducted, and other businessrelated issues. Write a memo with your advice to someone planning to travel to this country for bu..
What is the associated cost function : Suppose the firm has a production function F(L,K) = min{2L,K}. What is the associated cost function? (please give the explanation and answer)
What is the projected project cost and duration : What is the projected project cost? What is the projected project duration? What is the critical path (or paths)? What task or tasks were crashed?
Pharmaceutical drugs using computers and scientists : A firm produces new pharmaceutical drugs using computers and scientists. Computers cost $10 and wages for scientists are $10. There is also a givernment program attempting to boost employment of scientists which will pay 50% of a wage for any scie..
How well a company adapts to international audiences : In what ways does the company adapt its writing style, use of graphics, and other features to adapt to different cultures? Write a brief report on your findings, and include screenshots of the company's website(s) to illustrate your points.
Find the fourier transforms : Use the table of Fourier transforms (Table 5.2) and the table of properties (Table 5.1) to find the Fourier transforms of each of the signals in Problem 5.2
Determine equivalent circuit for an unknown linear circuit : Complete paraphrase all report and changing words. - Develop and use a procedure to determine (identify) the equivalent circuit for an unknown linear, passive circuit.
Effects of an increase in the minimum wage : 1) How are scarcity, choice, and opportunity cost related? 2) What are the effects of an increase in the minimum wage in the U.S. economy? Who would be most affected? 3) Why is elasticity of demand greater for goods that are a large share of a consum..

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd