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Why is the opportunity cost of going to medical school likely to be greater than the opportunity cost of going to college? Why is the opportunity cost of a woman with a college education having a child greater than the opportunity cost of a woman with just a high school education having a child?
given a set of data with years ranging from 1959-1999, GDP in billions, Transfers from the rest of the world, GNP in billions, Growth rate real GDP in %, and popualtion in thousands. I have been asked to calculate income(factor)transfers from the ..
Compute the elasticity for each variable and briefly comment on what that data gives you in each case.
My brother has a house worth $400,000 and he has no mortgage as it is paid off! His utility bills and insurance and maintenance cost him about %500 per month and property taxes another $500 per month. He claims it only costs him about $1000 a mont..
Briefly describe the strategy
An office manager is concerned with declining productivity. Despite the fact that she regularly monitors her clerical staff four times each day (9am, 11am, 1pm and 3pm) office productivity has declined 30% since she assumed the helm one year ago.
assume that the government decides toreduce spending and taxes and so G = T = 274.16. What value mustthe central bank set for M in order to keep the price levelconstant following the government downsizing
A firm has $1,100,000 in sales, a Lerner index of 0.62, and a marginal cost of $55, and competes against 1000 other firms in its relevant market. Instruction: Round your answers to 2 decimal places.
Calculate the equilibrium price and quantitiy in the chocolate market. How much does a firm of each type produce Calculate the consumer and producer surplus What is the producer surplus for an individual firm of each type
Consider two firms with identical assets. Company A is all equity financed and company B is financed with a mix of debt and equity. There are also two equally likely states of the world which will occur at time 1. Company B has debt with a face va..
What are the possible reasons for the price rise mentioned in the news article? Use one demand and supply model to illustrate how bird flu and Christmas season influence the equilibrium price and output in the egg market.
Write an equation that summarizes the cost function for her operation, as well as equations that summarize the marginal, average variable, average fixed, and average total costs of selling fresh drinking water at the kiosk.
What would happen to revenues if a competitive firm raised price?
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