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Essay: Answer the question briefly and properly
Distinguish the Theory of Absolute Advantage from Theory of Comparative Advantage. (own answer)
An agricultural firm has a production function (products of the whole year) given by q = 500 SQRT(SF). q is output of agricultural products in pounds. S is land area in square feet. F is number of farmers working. Find the best way to produce 10000 p..
Discuss, giving examples, the various annual plan control tools (or profitability control tools) that can be used by marketing professionals
The total sum of squares is 400 and the sum of squares errors is 100, what is the coefficient of determination?
A company currently has a machine (defender) which was purchased 9 years ago at a cost of $70,000 and an expected annual operating cost of $ 16,000. It was expected to last 15 years with a salvage value of $ 18,000. Analyze the defender (new) v. the ..
Which of the following is least likely to be part of the opportunity cost of a college degree? An increase in the interest rate is expected to cause the optimal level of human capital investment for an individual to:
It is also known that the IRR for this project is 15 %, and the payback period is 7 years. What is the project's first cost?
Between Q1, 2014 and Q1, 2015 measured Output in the non- farm business sector increased by 3.2%. During this time period the unemployment rate fell from 6.6% to 5.5% and total hours worked in the nonfarm business sector increased by 2.8%. What was t..
Suppose a consumer shows convex-shaped preferences, and gets utility from consuming goods X and Y. Now, assume the price of good Y, Py, goes down.
Consider the preceding question using the money multiplier. If the currency ratio is 20% and the excess reserve ratio is 1%, what is the change in money supply?
how should he change his bundle to reach his optimum? Explain your answer using the marginal utility condition at the optimal choice.
Problem 1. First, which of the main problem types is this, i.e.which set of formulas is most appropriate for this problem
What are the managed floating exchange rates, and how are they used?
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