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MPL=100 MPK=500 PL=50 PK=10. Is the firm minimizing costs? If not, how should the firm adjust its input set? What is the willingness condition for cost minimization? What two conditions must be met if a firm is maximizing profits? Explain how these relate to each other.
develop a three- to four-page analysis excluding the title and reference pages of the techniques dr. kallman has
neoclassical economics was a crucial stage in the creation of a genuinely scientific unified theory of economic
a. sketch the aggregate demand short-run aggregate supply and long-run aggregate supply of an economy in long-run
If the government had the option to either make changes to the tax rates or vary government spending to combat a recession that is already in progress, which of these two fiscal policies do you think would have a greater time lag to see its effect..
from the scenario assuming katrinas candies is operating in the monopolistically competitive market structure and faces
suppose your local congress representative suggests that the federal government should not intervene in the baseball
You're the marketing manager of a firm that produces Titanium and sells this metal to two distinct kinds of customers: aircraft producers and golf club manufacturers.
Why does the assumption of independence of risks matter in the example of insurance? What would happen to premiums if the probabilities of houses burning were positively correlated? Can you think of a situation where they might be negatively corre..
an excise tax of 1.00 per gallon of gasoline placed on the suppliers of gasoline in a market with downward sloping
If the probability of a newborn child bieng female is 0.5, find the probability that in 100 births, 55 or more will be female.Use the normal distribution to approximate the binomial distribution.
an airline ticket costs the same from casper wyoming to denver colorado and from denver to orlando florida. does this
What are some of the ethical dilemmas encountered by traders in their pursuit of profits for both their company and themselves?
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