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Suppose labor productivity grows by 2% this year. Furthermore, labor and capital increase at the same rate. What was the rate technological progress?
Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms.
Suppose the following cost functions of a perfectly competitive company? Compute the firms profit or loss, should firm shut down if loss?
Why do you think the stock market has performed or offered higher return than the bond market in the last 30 years? Why do you think gold is dong so well recently? Briefly discuss
The firm is considering a movement of the plant to Shenzen, China where labour is cheaper. The same mathematical relationship between inputs and outputs will hold.
In each of the cases listed below determine what this consumer needs to do (in terms of purchasing X and Y) to maximizes their utility.
Explain the neo-classical theory of trade and show the difference between this and the classical approach, as wellas the similarities
Calculate the growth rate of real GDP for each year from 1994 to 1997 and calculate the average annual growth rate of real GDP for the period from 1994 to 1997.
Why would a nation such as the United States, which can presumably produce everything it needs itself, choose to trade with other nations?
Twenty years later, 2002, this account had increased to $265. However, the CPI increased to 186. What would be the value (purchasing power) of $265 in 2002?
A bank announces that it has changed its interest computation method to continuous compounding. Now $2000 left in the bank for 9 years will double to $4000. What is the nominal interest rate, compounded continuously, is the bank paying.
You must think an idea to be developed as a business. Please, write a short paragraph explaining what your idea is all about.
Discuss how leaders identify and formulate effective change to address stakeholder expectations. Analyze how organizations need to improve with respect to employee and customer responsiveness to meet objectives.
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