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Q. A factory adds a worker and subsequently discovers that the average product of its workers has risen. True or false: The marginal product of the new worker is less than the average product of the plant's workers before the new employee's arrival.
Q. why do land prices tend to fluctuate in a free market and why taxes on land are often regarded as preferable to taxes on other factors. 700 words
Consider the general equilibrium model on local public goods that we discussed in class. We found that the optimal population size
Elucidate how much income did this represent for each of the 300 million U.S. citizens. Illustrate what was the largest GDP decline in a postwar U.S. recession.
Explain how difficulty will it be for the owner to plan for this new competitive threat.
Explain how much does consumption change this year in absolute dollars as a result of a $5,000 annual tax cut to your income, if the tax cut.
Enlighten the budgetary challenges state governments would face if the economy were to go into a recession also the unemployment rate were to increase.
Illustrate wwhat is the effect on the market for one hour of babysitting services in Middling today.
Why monetary policy conducted independently in the United States and is the intended effect always achieved or why not.
Elucidate Congress is considering reinstating a 10% investment tax credit in order to stimulate the economy.
Determine the quantity demanded, the quantity supplied, and the magnitude
Afterward on same day Jane Harris discussed a loan for $5400 at same bank. Exemplify after these transactions, the supply of money.
Compute the (point) cost elasticity of demand when cost is $700. Is demand elastic or inelastic.
llustrate what will be the equilibrium price also quantity in the market. Illustrate what is the total market profit also consumer surplus.
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