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A perfectly A Perfectly competitive firm has a MPL = 20-L. If P = $5 and w = $10/hr
What is the optimal quantity of labor demanded?
The demand curve for a particular good indicates the various quantities
Which of the subsequent is a Keynesian conclusion about how adjustments occur in a recessionary gap?
Illustrate what environmental law, currently up for debate before a state or federal government, do you support also why.
Assume that Ms. Thompson is currently exhausting her money income by purchasing 10 unites of A and 8 unites of B at price $2 and $4 respectively. Elucidate what these data suggest about Ms. Thompson.
Suppose that workers can be hired competitively at a wage of $200. Explain how many workers will they hire at this wage.
q1. total fixed cost or sunk cost is independent of quantity produced.assume a small firm has invested 10 million in
Compare the consumption levels of workers in both countries. Explains the diversity between the countries.
Compute the regular expenditure multiplier also the net tax multiplier if the level of consumption increases from $80,000 to $92,000 as a result of change in income from $120,000 to $140,000.
If Rob and Nate are the only people who purchase discs, graph the aggregate demand for discs and write down the equation for this aggregate demand function.
Your friend's monthly demand for minutes of calling is given by the equation 50, where p is the price of a minute.
Determine where each of following increases, decreases, or remains unchanged in short run: market interest rate, quantity of money demanded, investment spending, aggregate demand, potential output, price level and equilibrium real GDP.
What is the accounting profit that Fred would get in his venture? What is the economic profit that Fred would get in his venture? Would you recommend Fred go ahead with his venture? Why?
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