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maria and emmanuel need to cut logs for shelter or gather food to stay alive per day. maria produces 10 cut logs of shelter and 10 baskets of food. emmanuel produces 5 cut logs of shelter and 8 baskets of food.a) what is the opportunity cost for maria to cut logs and to gather food baskets? b) what is the opportunity cost for emmanuel to cut logs and gather food baskets?c) what allocation of tasks maximizes total output for the least amount of effort? why?d) what would be the total output after 4 days using the allocation of taks from question( c-above)?
The effects of this fiscal contraction on real interest rate, desired saving, desired investment, and the net export balance.
Cash, Accounts Receivable, Office Equipment, Legal Database Subscription, Accounts Payable, Common Stock, Dividends, Legal Fees Earned, Salaries Expense, Rent Expense, and Utilities Expense. Prepare journal entries and record the following October..
Dani Rodrik argues that democratically elected governments, not international finance, should be the ultimate source of discipline for national economies. Others say that democracy itself is the problem.
Illustrate what is the cost of the same basket of goods and services in 2005.
Explain how should we expect this phoenomenon affect the US economy at the macro-level, short run and long run.
The demand for a shake at a Juice Shop can be described by the equation: Q=1000-240P+80N, where Q denotes the number of shakes sold every day,
Explain how many baseball jerseys will you sell in Los Angeles and how many in Brooklyn. What will be the price of your jersey in Los Angeles and what will be the price in Brooklyn.
effects of implicit variables on supply and demand. Elucidate what would happen to the price of a pair of jeans if the following happened.
For automobiles BWC sells chrome wheels for automobiles. At a price of $600 per set, they sold about 900 sets per month. Illustrate what is the arc price elasticity for this product.
You have been hired by the Department of An Taoiseach to comment and critique a sustainable growth plan being considered by parliament.
If a fixed number of industrial polution permits are marketable; then we should just sell the right to smoke to highest bidders rather than ban smoking outright in many cities, restaurants, towns, business outlets, and bars.
Assume your firm manufactures 3 million hard drives per year specifically for Dell laptop computers and subsequently renegotiates to only purchase for $26.8/unit, how much has Dell increased its own profits
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