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When the addition of one more unit of input results in a smaller increase in output then the previous unit, what type of return is occurring?
Increasing
Constant
Decreasing
Negative
Outline the potential pros and cons of the three key strategies for developing foreign markets: exporting, licensing and franchising, and direct investment
Illustrate what is relative PPP. Compute the current pound spot rate in dollar which would have been forecast by PPP.
Defective units that go undetected into final assemblies cost $22 each to replace. An inspection process, which would detect and remove all defectives, can be established to test se units.
A mathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double. Elucidate how long will it take Mexico's real GDP per person to reach the level that the United States was at..
Explain by how much did real GDP increase between 2002 and 2003. Velocity in the country of Shem is always stable.
If required reserve ratio is raised and people decide to hold more cash instead of depositing, how is the money supply affected?
If you have been offered $137,000 for a job in Los Angeles and $117,000 for a similar job in Dallas, which job gives you the higher purchasing power of the bundle of goods in the price index.
List out three policy rules that the Fed might follow. Which of these would you advocate? Why?
As if prices increase by 3% per year over that time, approx explain how much do you gain by keeping $100 in the bank for a year.
What is the Law of Diminishing Returns. Discuss a company's two short run options: 1. stay open or 2. shut down.
q1. assume the government decides to fight obesity in america by imposing an excise tax on the saturated fat content of
Explain how does imposing rent controls affect the number of housing units available to low-income families
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