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A producer produces good y using inputs x1 and x2 according to the production function y = x1^(alpha)x2^(beta) where alpha + beta <1. The factor prices are w1 and w2 (for input 1 and 2). The producer can sell as much as he wants at unit price p.
1) Derive the cost function c (x, y)
2) What is the producer's optimal profit as a function of (w1,w2, p)?
A team of minor league baseball is trying to predict ticket sales for the upcoming season and is considering changing ticket prices.
A night vision goggle manufacturer is evaluating a make-versus-purchase situation for a component used in its low-priced products. The component can be purchased at a variable wholesale price of P=1200+50y where y is the number of items.
Irrigation improves the yield of strawberries per acre (measured in pints) according to the fucntion S= -(w-2)^2 + 50 where S is the number of pints of strawberries grown per acre and W is acre acre feet of water used. strawberries sell for $4 pe..
Prepare a report that is designed to evaluate how the differences in the economic growth in both countries can be reconciled with your knowledge of theories of economic growth.
Illustrate what recommendations do you have for Speedy to offset the impact of their increasing costs. What recommendations do you have for Speedy to increase their total revenues.
Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."
Illustrate two policies could you use to reduce the total amount of emissions. Explain how would you decide what was the best level of emission reduction.
Make sure to include some final recommendations and strategic initiatives.
What is the expected rate of return on each stock if the market return is equally likely to be 5% or 20%? c. If the T-bill rate is 8%, and the market return is equally likely to be 5% or 20%, draw the SML for this economy. d. Plot the two securitie..
Describe the types of trade barriers, their implications on the market and how international organisations act to restrict and regulate these barriers.
Illustrtae what are the different incentives that investors have to hold TIPS.
Describe the business research and its purpose. What did the researchers conclude as a result of their research.
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