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True and False Question and need to explain it
The theory of comparative advantage states that trade arises due to different amounts of labor and capital in a country.
What arises trade in neo-classical model and o-h model?
What is one advantage of developing a mobile application as a native app, rather than a mobile web app?
q1. 1. give an example of an organization or business in your area that performs the form function and explain why you
(a) What is the internal rate of return for this investment? (b) Should this investment be accepted if the other options have a rate of return of 12%?
Given a downward sloping demand curve, an increase in price is shown graphically as:
Three alternatives have the following cost data associated with them: The loan payments are calculated using an interest rate of 10%, a life equal to the life of the machine, and a down payment of 20%. Use MARR of 12% and determine which machine, if ..
Explain briefly the G/GDP, Tax/GDP and Debt/GDP ratios. These ratios have increased substantially in most countries during the past decades. Yet, we are confronted with severe macroeconomic problems. Why? What is the role of government in addressing ..
Suppose that production for good x is characterized by the following production function, q=k0.5Lo.5, where k is the fixed input in the short run. if the per init rental rate of capital, r, is $15 and the per unit wage, w, is $125, then the average f..
A driver faces a 5% probability that his car will be in an accident and will be worth nothing. Consider three drivers with cars that have value $30,000. Abdulla's utility function over the value of his car W is u(W) = ln(1 + W). Bedriya's utility ..
The owner of a profitable coffee chain in Singapore is exploring opportunity to grow its sales in the increasingly affluent China market. You have been hired as a consultant to advise the firm on its international market entry strategy. Identify the ..
A gardener can use one of the three brands of fertilizers during the next growing season. The following decision table shows the expected gross income per acre for each fertilizer brand and weather condition for the growing season. The chance of a dr..
Does it seem reasonable to assume that the ages of female statistics students have less variation than ages of females in the general? population?
If the price of labor were to increase and if the firm wanted to continue to produce 100 units of output, what would you expect this firm to do in the long run? Explain using the relevant economic conceptsand terminology.
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