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Where are you tutors from? I.E.- Are you students or employees of course hero? I would just like to know as I may need tutoring in the future and I'm new to this site. Thanks, Derrick W.
Using this information in the table above, what does GDP equal? Items Billion of dollars Wages 300 Consumption expenditure 350 Interest, rent, and profit 50 Statistical discrepancy 0 Government expenditure 300 Indirect taxes minus subsidies 15 Net ex..
An economy has a Cobb–Douglas production function: Y = Kα(LE) 1−α. The economy has a capital share of a third, a saving rate of 24 percent, a depreciation rate of 3 percent, a rate of population growth of 2 percent, and a rate of labor-augmenting tec..
bank prime loan rate imports of goods amp per capita income.briefly explain why the three variables are appropriate
The MC curve of a profit maximizing firm must increase and cuts its MR curve from above at the firm's maximum output. The MC curve of a profit maximizing firm lies below its MR curve then rises and cuts its MR curve from below at its profit maximizin..
Within a monopolistically competitive industry, it would be expected that:
A person’s demand for gizmos is given by the following equation: q = 6 - 0.5p + 0.0002I. Where, q is the quantity demanded at price p when the person’s income is I. Assume initially that the person’s income is $40,000. Show your work/ calculations. w..
Extend this comparison by choosing a different point on this period's PPF and discuss whether that combination leads to more or less growth over the next period.
1. You have been asked to test the disaster recovery plan for a small business in your area. The company has a backup that is well documented.
We read in this week's reading that there are types of innovation—product innovation, process innovation, radical innovation, and incremental innovation. In addition, Clayton Christenson introduced disruptive innovation and sustaining innovation.
Since 1965 the average amount of leisure time for men has increased by 8 hours per week. that's like an extra 9 weeks of vacation per year. For women the average increase in leisure has been 6 hours per week. What does this tell us about the income e..
An industry consists of a dominant firm with costs C(Qd)=2Qd and 4 identical fringe firms, each with costs c(q)=1+q^2. Market demand is Q=24-p. Derive the residual demand for the dominant firm. Sketch the demand, supply of the fringe, and the rsidual..
According to your readings, Explain in detail, make sure to mention the impact goverment purchase have on gross domestic product (GDP). also, makse aure you make mentio of how goverment purchases affect the privet sector. Finally, decribe how goverme..
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