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The category “compensation of employees” doesn't capture the full income of labor because:
a. it doesn't include the earnings of proprietors.
b. it doesn't include benefits such as health insurance.
c. a sizable fraction of it can be attributed to the return on human capital.
d. it excludes payments in kind that are common in rural areas.
Discuss the Security Market Line (What it depicts, what variable measures its slope and its intercept). Show a graphical example using the market portfolio.
What is the cross price elasticity with respect to good x? What does the sign of the coefficient tell us? Interpret your results.
Discuss the following situation (a) from the strictly legal viewpoint, (b) from a moral and ethical viewpoint, and (c) from the point of view of what is best in the long run for the company. Be sure to consider both short- and long-range consequences..
American Eaglet sells surfing equipment in Los Angeles (LA) and Honolulu (Hon). The demand functions for each of these two groups are QLA = 600 – 2.5PLA QHon = 800 – 4.0PHon where Q is the number sold and P is the price of the equipment. What is the ..
q.suppose that you are interested in comparing the costs of producing inpatient services at saving grace hospital with
Suppose the demand and supply are given by Qdx = 14 - 1/2 Px and Qyx = 1/4 Px - 1 a. Determine the equilibrium price and quantity. Show the equilibrium graphically. b. Suppose a $12 excise tax is imposed on the good. Determine the new equilibrium pri..
Illustrate what is consumption also saving in each period, assuming no borrowing constraints
q1. a companys cash sales for the month are 200000 and its accounts receivable payments for the month are 100000. what
1.nbspnbspnbspnbspnbsp suppose a monopolist manufacturer sells his products through a monopolist retailer.nbsp the
q.consider total cost and total revenue given in the table belowquantity 0 1 2 3 4 5 6 7total cost 8 9 10 11 13 19 27
What would happen to the equilibrium price and quantity of latte´s if coffee shops began using a machine that reduced the amount of labor necessary to produce steamed milk, which is used to make latte´s, and scientists discovered that latte´s cause h..
Suppose the market demand faced by a monopoly can be represented by. What is the firm’s MC curve? Graph the firm’s MR, MC and Demand curve. Firm’s profit-maximizing output Qm? Firm’s price Pm? Markup? Rent? Mark the area of Monoply Rent in your grap..
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