Will the future production possibilities curve for nation

Assignment Help Econometrics
Reference no: EM13188030

Like Physical capital, human capital produced in the present can be applied to the production of future goods and services.  and suppose that the nation's residents are trying to choose between combination C and combination F. other things being equal, will the future production possibilities curve for this nation be located farther outward if the nation chooses combination F instead of combination C ? Explain.

Production Units of Consumption Units of Human Capital

Combination Goods

A 0 100

B 10 97

C 20 90

D 30 75

E 40 55

F 50 30

G 60 0

Reference no: EM13188030

Questions Cloud

What is the year 0 value of operations : Vasudevan Inc. forecasts the free cash flows (in millions) shown below. If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the Yea..
Which country will experience the larger outward shift : Country A and country B produce the same consumption goods and capital goods and currently have identical production possibilities curves. They also have the same resources at present, and they have access to the same technology. Currently, countr..
Explain the average concentration of the pollutant : what wind flow rate entering the canyon would produce a pollutant concentration greater than 0.0025 gmol/ft^3 in the air coming out of the canyon?
Find the distance between a and b : a surveyor locates a point C on land such that CAB = 48.8°. He also measures CA as 317 ft and CB as 527 ft. Find the distance between A and B.
Will the future production possibilities curve for nation : Like Physical capital, human capital produced in the present can be applied to the production of future goods and services. consider the table in Problem, 2-11, and suppose that the nation's residents are trying to choose between combination C and..
Solution for the problem and mention algorithms : Explain the purpose of the program as detail as possible and develop a solution for the problem and mention algorithms to be used and list data structures to be used in solution.
What is the radius of the circle : How long should each piece of the wire be to minimize the total area? What is the radius of the circle? How long is each side of the square?
State what wind flow rate entering the canyon : what wind flow rate entering the canyon would produce a pollutant concentration greater than 0.0025 gmol/ft^3 in the air coming out of the canyon?
Determine coefficient of correlation between two variables : Does the breakfast revenue seem to increase as the number of occupied rooms increases? Draw a scatter diagram to support your conclusion.

Reviews

Write a Review

Econometrics Questions & Answers

  Effects of imported products to the countries net exports

Provide three examples of operating firm formed as, sole proprietorship, partnership and corporation. Describe how you decided on categorizing them.

  Efficiency difference in government bureaus and private firm

How do the government bureaus different from private companies discuss why is there good reason to believe that bureaucrats will seek to supply more than efficient level of their output in any year?

  How much will be the retirement fund

If he invests $100 monthly, how much will be in the retirement fund in 25 years if it averages a return of 5.5% APR with monthly compounding. Another retirement fund offer 6% EAR with monthly compounding. What would the value of this be ..

  How to solve using backward induction

If they both choose the Casual line, they will each make profits of $1000 per week. If Bells chooses Formal while Follies chooses Casual, then Bells will make $500 and Follies will make $1500 per week. If Bells chooses Casual while Follies choos..

  Determine how many workers company should hire

The local operations manager for IRS must decide whether to employee 1, 2, or 3 temporary employees. He determine that net revenues will vary with how well taxpayers comply with new tax code.

  What is amount of deadweight weight loss

Suppose per unit tax, T is imposed on buyers. Then what is the equilibrium quantity and equilibrium price? Now, assume T=30, then what will be equilibrium price and quantity. (Hint: use P is the price producer receives, and P+T is price paid by th..

  Whats the produced to maximize profits or minimize losses

TP TFC TVC 0 $45 $01 45 170 2 45 320 3 45 450 4 45 620 5 45 800 6 45 ..

  Is bundling more profitable than selling separately

At a student café, there are equal numbers of two types of customers with the following values. The café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i.e., she cannot p..

  What is the maximum amount one can withdraw in year one

I want to deposit $10,000 now and $15,000 at the end of five years in a bank that pays 15% interest compounded semiannually. I want to withdraw an amount every year for the first five years and to withdraw $500 more for the following four years.

  Calculate the profits of these firms in different cases

Suppose there are four oil producers in the crude oil market, A, B , C and D. The marginal cost of A is $10. The marginal cost of B is $12. The marginal cost of C is 13. The marginal cost of D is $15. Note that in all three cas..

  Estimate the value of for sales level

Over the last one year the Four Winds Novelty Corporation has recorded its internet sales and its monthly total variable costs for a particular novelty item as demonstrate in the following table.

  Write the function for the indifference curve

Write the function for the indifference curve and graph it when U=10 and U = 20. b) Write the function for the budget constraint and graph it.c) What are the utility maximizing amounts of X1 and x2 given the budget constraint? d) Would your answer..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd