Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Comparing quarters 3 and 4, how would you characterize the relationship between increases in plant size and labor productivity ?
a) increasing returns
b) diminishing returns
c) constant returns
d) elastic or inelastic
Also, comparing these two quarters, given the production levels, which plant size should the firm select based on labor productivity (measured by average product of labor)?
a) quarter 3 plant size
b) quarter 4 plant size
c) equality efficient
Qtr.3
Demand - 5550
plant size - 6
labor hours - 7974
Production units - 3950
Average product of labor - 0.52
Qtr. 4
Demand - 4430
Plant size - 7
Labor hours - 7237
Average product of labor - 0.55
q.suppose that the income tax in a certain nation is computed as a flat rate of 5 percent but no tax is levied above
What characteristics do you generally see with firms in a perfectly competitive market? When will new firms enter the market under perfect competition? When will they choose to exit?
In a country, private savings equals 600, the government budget surplus equals 200, and the trade surplus equals 100. What is the level of private investment in this economy?
What is the Federal Reserve and why does it exist in our economy? What is Monetary Policy and how does it make adjustments to inflation problems? What was QE (Quantitative Easing) and why did the FED instigate Quantitative Easing? What was the outcom..
Elucidate which following is true in market of a monopoly
Classify each of the following pricing strategies and explain. A local restaurant offers an "all you can eat" salad bar for $3.49.
Use the Keynesian-cross model to illustrate graphically the impact of an increase in taxes on the equilibrium level of income.
The data below represents the overall miles per gallon? (MPG) of 2008 SUVs priced under? $30,000. Construct a 95% confidence interval estimate for the population mean miles per gallon of 2008 SUVs priced under $30,000 assuming a normal distribution. ..
If he continued to work exactly as many hours as he did before the wage increase, how much more money would he have each day to spend on consumption?
You are the international manager of a US business that has just invented a revolutionary computer chip that can perform the functions of all known chips plus much, much more, but costs only half as much to manufacture. What are the economic and poli..
Define and explain ‘Law of Diminishing Returns with the help of diagram. What are the different stages of production in the short run? Define and explain ‘Price Discrimination (PD)’ with the help of diagram. Also give examples of Price Discrimination..
Essay Question: Use the Theory of Economic Development to explain transformations in the US economy today. You will need to do some additional research to discover some examples to illuminate that theory
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd