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In the production function Q = 10L1/2K1/2calculate the slope of the isoquant when the entrepreneur is producing efficiently with 9 laborers and 16 units of capital. (Hint: The slope of the isoquant = the ratio of the marginal product of labor to the marginal product of capital.)
it has been a tough year in the poultry business with supply outpacing demand and feed-grain prices rising
Which of the following is an example of a good research question for a correlational study?
The "club" makes it difficult for a car thief to take your car. Lojack makes it easier for the police to catch the car thief who has stolen it.which one conveys a positive externality.
Explain how network effects are largely responsible for the large market shares enjoyed by Microsoft in desktop operating systems and by Google in mobile phone software.
mike patrik, a recent ME graduate from MIT, expects to take out a loan to purchase an SUV for $30,000 with a down payment of $10,000. The loan she takes out requires her to pay monthly installments of $400 for 4 years. What is the effective annua..
For each of the following pairs of goods, which good would you expect to have more elastic demand and why?
If the real interest rate is less than the growth rate of output, explain why governments can run a deficit yet not have to worry about the size of their debt.
The table indicates that 550 patients per week can be seen using two different combinations of DR and PA time: (50 DR, 40 PA) and (40 DR, 60 PA).
Provide an update on the economy-where is unemployment, what is the outlook for the deficit, what are the overall predictions for 2010 - 2012?
drag the first point you want to plot onto the grid. Continue clicking and dragging the plotter tool until you have identified all of the necessary points for this line. Then repeat these steps for the plotter tool (called "AVC, AFC and AC "). To ..
If graphed, would the curve for this equation slope upward or slope downward and are the variables C and Y inversely related or directly related?
During the first couple yrs of the Nintendo Wii release, it was priced very low and significant shortages existed. Why didn't Nintendo either raise it's price to sell the same quantity of Wii's or increase it's supply. Both would have increased pr..
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