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Question: Why might a profitable motel go out of business in the long run if the land on which it is located becomes extremely valuable due to rapid economic growth in the area?
What are the most significant costs that the firm must consider in deciding whether to go out of business?
How much is his fixed cost? How much is his variable cost and at what level of production is his average cost minimum
If you run a simple regression scorei on voucheri using a random sample of size n, does the OLS estimator provide an unbiased estimator of the effect of the voucher program?
There is a fruit seller who has 30 Kgs of apples to be sold and he wants to fix a price so that all the apples are sold. There are three customers in the market and their individual demand functions are given below:
Which of the following led to the downsizing of hospitals A) An increase in Primary care physicians B) Reimbursement from prospective to retrospective C) Outpatient care
Suppose changes in bank regulations expand the availability of credit cards so that people need to hold less cash.a. How does this event affect the demand for money?
The output effect of an increase in the wage comes about because higher wages:
Explain the difference between a developed and a developing country. Provide examples in your answer.
How many autoimmunity tests per year will have to be performed on the array machine to break even? Given the present volume of tests, would there be an annual net contribution and, if so, how much?
Make sure you explain in your answer why prices have gone up by such a large amount. If bananas were luxuries what would this mean for supply and demand curves?
Consider a city with a river. The city has a resort whose visitors use the river for recreational purposes. The city also has a tannery that creates industrial waste which it dumps into the river.
Southwest Airlines flies nonstop between Tampa and Albuquerque with 137-passenger planes. Considering all the costs of owning each plane plus the salaries.
An economist wants to know what fraction of workers in a factory sometimes smoke marijuana on the job. She collects a random sample of 100 workers.
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