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Consider a CES production function, F ( K , L ) = A ( K α + L α ) α1, with α ∈ (0, 1). What is the corresponding production function in terms of the capital-labor ratio? What is the implied capital share? Is it increasing or decreasing in k?
In American popular memory, the period between 1945 and 1963 has come to be considered a "Golden Age," an idealized version of the nation that was destroyed by the discord of the 1960s. Having read about the different aspects of this period, in terms..
One of the major problems associated with MNCs is a decline in corporate tax revenue of advanced countries since the 1990s. What should host and home countries do to solve this problem?
If the price of the parcel of land had risen at the same rate as average prices, what would the land be worth in 2019?
Show the relationship between total benefits and total costs when a market economy is in general equilibrium. What is meant by "general equilibrium" and how is it different from "partial equilibrium"? How would you characterize capitalism? What philo..
Scholars have argued that economic globalization has led to or will lead to a race to the bottom in terms of social and environmental standards. Critically assess this argument drawing on lectures and the assigned readings. How convincing is this arg..
Explain Deming's "System of Profound Knowledge". In your explanation, state why he developed it, how it ties in to his fourteenpoints
Why have ethics and social responsibility become so important in recent years? Why is it important that marketing ethics be incorporated into the firm's strategic plan? Give an example of a firm that does a high quality job of being socially and ethi..
As result government increases border patrols to catch illegal shipments. U.S. Customs agents perform DNA testing on the caviar to conclude
A hospital has just increased its lab fee from 34 to 62. As a result, the volume for the lab tests has decreased from 156 to 53. What is the price elasticity [E] of the lab test? (hint: use the point estimate formula and keep one decimal space)
Research at least two articles on the topic of mobile computing and its business implications. Create a brief synthesis and summary of the two articles.
Aside from maximizing profits, assess the factors that managers must consider when making the decision to outsource or integrate forwards or backwards considering which factor would be most influential for decision-making.
Give the three first order conditions of constrained optimization setting each equal to zero.
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