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Q1. Illustrate what is the meaning of economies of scope and explain how do they differ from economies of scale?
Illustrate what do learning curves and explain how do they differ from economies of scale?
Illustrate what is the usefulness of learning curves as a managerial tool? Illustrate what is the reason for rising international trade in inputs and the use of foreign skilled labor?
Q2. The country of Aquilonia has a tax system identical to which of Canada. Assume someone in Aquilonia bought a parcel of land for $20 000 in 1960 when the cost index equaled 100. In 2002, the person sold the land for $100 000, and the cost index which is equal to 600. If the person must pay 20 percent of any capital gain in what is the after-tax real capital gain (in 2002 dollars) on the land?
q.consider the following cobb-douglas production function for the bus transportation system in a particular cityq
Over the long run historically, real wages produce about same pace as labor productivity.
q1. suppose we have two economies- lets call them earth and mars- that are identical except that one begins with a
What would happen if the Free Zone in central bank lowered the federal funds rate and buy securities on the open market? b-recommends that the central bank sua or lower the federal funds rate? why?
Suppose the demand for honey is given by Q=500-4p. Also, suppose there are 80 honey producers in the market. What is the equilibrium price of honey?
A county is considering using a piece of park land for one of two alternative recreation projects. Project S would require construction costs of $2 million (year 0) and generate net benefits of $1 million per year for 10 years.
Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource difference..
Further you know that there is a 35% chance for a strong economy and a 50% chance for average growth. What is the expected return on this investment?
The manufacturer's managers are convinced that they could make more sales if they could convince the retailers to carry a full line of products. How could the manufacturer induce its retailer to carry a fuller line of products
Explain the impact of each of the following upon commercial bank reserves: (a) the Federal Reserve sells government bonds in the open market to private buyers;
Elucidate how much of the tax is borne by consumers also Elucidate how much by producers. Illustrate what is the new CS also PS.
If you were to learn about a bottle of gatorade increased in size from 2009 to 2010, should that information affect your calculation of the inflation rate. If so, how.
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