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!
With current technology, suppose a firm is producing 500 loaves of white bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 2 units of land, 4 units of capital, and 1 unit of entrepreneurial ability. Assume each factor costs: $40, $50, $60, and $30 respectively. If the firm can sell these 500 loaves at $2 per unit, what is its total revenue? Its total cost? Its profit or loss? Will it continue to produce banana bread? If this firm's situation is typical for the other makers of white bread, will resources flow toward or away from this bakery good market?
during the revolutionary war the demand for soldiers was inelastically set by general george washington while the
Discuss the demand for and supply of crude oil in the world market right now. Discuss the causes for shortage (Excess demand) and surplus (Excess supply).
why would cash transfers typically be preferred by recipients over in-kind transfers? what are the pros and cons of
Real GDP equals 5000, nominal GDP equals 10,000 and the price level equals 2, then what is velocity if the money stock equals 2000?
Whenever the amount of output produced is not as great as the amount that the economy is capable of producing, there is a positive GDP ___________ and cyclical unemployment will be the result.
Describe the impact of rising interest rates on consumer spending.
Explain the differences between external costs, private costs, and social costs and how the presence of external costs leads to market failure.
Melvyn's preferences over beer and pizza can be represented by the following utility function: U(P,B) = P + lnB. Note that pizza is on the x-axis and beer.
In a 3- to 4-page paper, analyze the ethics of Sheriff Arpaio's policies according to deontology, utilitarian, and Kantian ethics. Ethically, should jails/prisons focus on public safety or inmate rights?
A mid sized business will purchase some new office furniture and equipment. it will cost 400,000. for internal purposes it will depreciate the equipment.
If there were not "national technologies" specific to each country, but rather an international supply of technology available freely and equally.
In Global Economics, what is a relevant example of Dutch Disease and how does that affect the economy?
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