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compound consolidated corporation (CCC) produces containers using two inputs: labor and glue. If labor cost 10.00 per hours and glue costs 5.00 per gallon, draw CCC's budget line for a total expenditure of 100,000. In this same diagram, sketch a production indifference curve indicating that CCC can produce no more than 1,000 containers with this expenditure.
what he has learned to estimate the demand for ice cream in his father's parlor during his summer vacation. Using regression analysis.
What factors determine the intensity of rivalry in an industry. Is the intensity of rivalry in the PC industry high or low.
U.S. Higher alcohol taxes, more traffic deaths. Why might re be more traffic deaths in states that have higher alcohol taxes.
What would happen to the position of the demand curve for dental services if patients had to wait even longer for an appointment with a dentist.
its marginal propensity to consume is 3/4. If its GNPin period10 is 2,048, explain how much labor and capital did it start with in period0.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Suppose the short-run production function is q = 6L^2. If the wage is $12 per unit of labor, then: What is the average variable cost?
While sitting in your office one evening, you begin to think about some of key microeconomic messages you want to communicate to Board. Find equilibrium quantity and price.
What issues might Mr. Smith face in deciding to go with this concept as he builds his business?
Elucidate what impact on quantity demanded and supplied for cars will be if oil costs rise to $200 per barrel. Illustrate what about if extreme recessionary conditions prevail.
Suppose which Sam is now growing wheat on enough land to produce 7,000 bushels of wheat. Illustrate what is the opportunity cost.
Explain why capital flows cause imbalances in the current account. Post to the discussion board your 200 word answer focusing on selecting and organizing your most relevant comments in a coherent fashion.
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