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Which of the following results in a rightward shift of the market demand curve for labor?
1. An increase in the wage rate
2. A decrease in labor productivity
3. A decrease in the firm's product price
4. An increase in demand for the firm's product
show how the minimum wage affects unskilled labor market. is labor market perfectly competitive? can you find any
Due to the lack of profits, many growers have stopped production and the output of coffee beans has fallen from 400 tons per year to 250 tons per year.
Explain which bridges you would choose to attempt to use. (Assume you can put one foot on a bridge to see if it collapses before you attempt to cross.)
suppose each firm operating in a perfectly competitive market structure has a total variable cost tvcq 40q 0.5q2.
An investment of $100,000, increased to $168,510 over a 5 year period. What was the rate of return on the investment?
Governments of country A and country B spend the same amounteach year. Spending on functions relating to dealing with marketexternalities and public goods accounts for 25 percent ofgovernment expenditures in country A
Interpret the coefficients of the regression model. Which independent variable has the strongest impact on the dependent variables
If the optimal number of facilities that minimizes the total logistical cost for a certain supply chain is five, what would be a logical justification for decision makers of this supply chain to build more than five facilities?
question 1define the concept of opportunity cost in your own words. given an example from your own life of the
Devise a government subsidy that will induce private education providers to educate socially optimal number of students. Explain. Provide a $ amount for the subsidy.Does it ever make sense to not educate some students. If the example were couched ..
Now suppose that x 2 is also free to vary. Derive the demands for the inputs and the long-run cost function of the firm - Draw the two cost functions on the graph. Do they cross? Which one lies higher?
The consequences of decriminalizing illegal drugs have long been debated. Some claim that legalization will lower the price of these drugs and reduce related crime. Others claim that more people will use these drugs.
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