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Question:
What are the benefits of international trade and how do countries gain from trade?
Suppose the real GDP of a country increased from 2,000 billion to 2,100 billion in one year. In the same year, population growth rate was 3%. How much was the growth rate of real GDP per capita in that year
Find the probability distribution for X.
How does CVP analysis help management in the planning stage of a new business? How does CVP analysis assist the decision makers of an existing business?
Assume the following data for a country: total population, 500; population under 16 years of age or institutionalized, 120; not in labor force, 150; unemployed, 23; part-time workers looking for full-time jobs, 10. What is the size of the labor fo..
In Problem 26, suppose that for each extra $1,000 of bonding that the firm requires a worker to post, the firm must pay that worker $10 more per period to get the worker to work for the firm. What is the minimum bond that deters stealing?
Suppose that a firm faces a demand curve that has a constant elasticity of -2. This demand curve is given by q = 256/P^2. Suppose also that the firm has a marginal cost curve of the form MC = 0.001q. a) Graph these demand and marginal cost curves
The short run optimal cost of Ohio Bag Company is 2Q. Price is $100. The company operates in a competitive industry. Currently, the company is producing 40 units per period. What is the optimal short run output.
Suppose you won $15 on a lotto ticket at the local 7-Eleven and decided to spend all the winnings on candy bars and bags of peanuts. The price of candy bars is $0.75 and the price of peanuts is $1.50. LO4 c. What is the slope of the budget line
For this week's discussion, find and describe an example of a real-world auction
freedonia a legendary country1 consumption function c 1000 0.95y2 investment function i 4003 ae c
With $300 million in state aid to attract 1,500 new jobs, the initial marginal social cost to Alabama taxpayers of attracting the Mercedes plant was $200,000 per job. Estimate the minimum marginal social benefit required to make
Plot the frequency response and compute the low-frequency gain and the -3-dB bandwidth.
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