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Suppose the firm has a production function F(L,K) = min{2L,K}. What is the associated cost function? (please give the explanation and answer)
a) c(w,v,q)= qw + 2qv
b) c(w,v,q)= 2qw+ qv
c) c(w,v,q)= 0.5qw + qv
d) c(w,v,q)= qw + 0.5qv
Suppose that the demand curve for cantaloupes is P=120-3QD, where P is the Price per pound (in cents) of a cantaloupe and QD is the quantity demanded per week. Suppose that the supply curve for cantaloupes is P=5QS, where QS is the quantity suppli..
Excess Reserve 300,000,000 the Money Multiplier is 10. how much additional money can the bank create?
If the nominal GDP is $559 billion in the base year, and it rises to 577 in Year 1, and 605 in Year 2, what is the real GDP in each year, given that the price index has risen from 100 to 104.5 in the first year and up to 108.3 in the second year?
Culture defines the way of life of a particular people. Researchers state that culture does not exist where there is no comparison. The culture of any country is hence identified by comparing two or more cultures.
nbspread the article fdi into africa on the up from ernst and young and discuss on the following questions by writing 1
The demand for health club services is Q = 350 − 2P or the marginal cost of providing these services is MC = 110 + 2Q.if a two-part tariff pricing system is used what is the optimal price or quantity combination.
are you a classical or keynesian economist? pick a perspective and defend. apa style double spaced 12 font times new
You are taking a course in chemistry this semester and the course has three exams that will determine your grade. The first exam counts as 20% of your grade, the second exam counts as 30% of your grade, and the third exam counts as 50% of your gra..
Determine, how the following will affect the slope of the output demand curve, and explain your results:
(a) Describe the initial set-up of the market; (b) Analyse the effects of the local policy on the market in the short-run;
Assume the basis for the trends in consumption patterns as discussed in the article. Discuss what has occurred to change the demand for, or the supply.
As a trader of a commercial bank explain how would I invest $1 million and earn risk free return by engaging in covered interest arbitage.
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