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1. In problem (4) assume that the firm's initial capital stock is $5 million. Also assume the rate of capital depreciation is 10 % a year. What would be the firm's capital stock after 5 years if annual investment are
(I) $600,000?
(II) $400,000?
(III) $500,000?
taking off from an aircraft carrier is a non-trivial operation. basically theres not enough room for the jet to taxi
What is the difference between fixed costs in the short run and in the long run? Why does it make sense for unprofitable firms to stay in business?Why do perfectly competitive firms make zero economic profit in the long run?
Illustrate the black market for medical drug,including the implict supply schedule, the ceiling price,the black market supply and demand, and the highest feasible black market place.
which would be least likely to cause the production possibilities curve to shift to the right a. an increase in the labor force b. improved methods of production c. an increase in the eduction and training of the labor force d. a decrease in unemploy..
Part 1What are the key assumptions of the Solow growth model? Part 2 What are the shortcomings of using the production model Y= K 1/3 ? What might we include in our model to improve the fit of this simple model?
which of the following examples is an adverse-selection problem and which is a moral hazard incentive problem?nbsp
Compare and contrast the free market systems with planned economies. Determine the benefits and drawbacks of each. Analyze the different ways to evaluate economic performance and determine which provides the best assessment of the economy.
What is the dissimilarity between positive and normative economics? Explain the difference between the two and give an example of a normative economic question and a positive economic question.
The Federal Income Tax Base and Policy Alternatives
Mention at least 5 causes of bankruptcy in the US and include 5 questions asking what are the causes of bankruptcy and answer each one of them.
Discuss are a good thing since they transfer resources from lower rated to higher rated activities thereby helping to maximize society's happiness?
portland fluid control inc. pfc is a major supplier of reverse osmosis and ultrafiltration equipment which helps
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