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Suppose that Nadine has a production function 4x1 + x2. If the factor prices are $4 for factor 1 and $2 for factor 2, how much will it cost her to produce 70 units of output?
1. When on the gold standard, to maintain its mint parity value and the value of its currency a nation must condition its money stock on the level of gold reserves it has.
Calculate the change in producer surplus due to the price ceiling - Calculate the change in consumer surplus due to the price ceiling.
What candidates felt were the causes of income inequality? Whether social welfare programs we have today prolong or exacerbate the income inequality, and why they do or they do not work.
Examine present global economic and political policies and their impact on business decisions.
Describe the benefits and costs associated with each type of externality. What happens to the Supply and/or Demand curve.
Appalachian Coal Mining believes that it can raise labor productivity and, therefore, net revenue by reducing air pollution in its mines. Its estimates that the marginal cost function for decreasing pollution
Assessing the overall financial health of your organization and determine what are good and bad signs, if any, in your outlook?
Review how your recorded protein, carbohydrate, and lipid intake compares with the recommendations of the dietary reference intake.
Show how this tax affects the market for Roquefort cheese in the United States,shifting the appropriate curve and indicating a new equilibrium quantity and market price.
Explain the general progression of market structures. If you were to begin a brand new market, what is your market structure and then what might happen?
Calculate the breakeven level for the subsiquent YoYo firm. The firm has overhead.
Problem: Suppose that survey measures of consumer confidence indicate a wave of pessimism is sweeping the country. If policymakers do nothing, what will happen to aggregate demand? What should the Fed do if it wants to stabilize aggregate demand? ..
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