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Question: If the firm chooses its labor and capital combination optimally (i.e., to minimize its production costs), will the marginal product of labor be higher than, lower than, or equal to the marginal product of capital? Why? Assume that the prices of labor and capital are those given in part b
describe 2 ecosystem services provided by forests. Explain how clear-cutting would affect each ecosystem service you describe.
You are interested in evaluating the role of playing chess among children on their school performance. What is your primary explanatory variable (X)? How would you measure X? What is your equation?
In 2014, the annual wage "ceiling" for workers aged 62 to 64 was $15,480. How large of a monthly Social Security check would a 63 year old retiree get if her maximum benefit is $1,600 per month and she continues working for wages of $3000 per month? ..
Suppose the government imposes a payroll tax and requires that fifty percent of this tax is paid by the business, and 50% is paid by the workers.
What are the characteristics that make this international company different from domestic companies? Is this company successful? What makes this company a success or failure?
AMS recently instituted an in-house recycling program. The benefits of this program include not only the benefits to the environment of recycling but also the goodwill generated by AMS’s leadership in this area. What level of Q maximizes net benefits..
To determine whether the overnight loans rate should be raised, lowered, or left unchanged, the bank of Canada does all of the following except
q.briefly explain the current 2012 discretionary fiscal policies that are being used by the federal government to try
What are the two most commonly used/analyzed financial statements? Explain what each of these are, what info they contain, and why they are significant in evaluating the overall "health" of a company.
Reflecting on how you think this course has affected your views on either (a) your energy use, (b) community sustainability, or (c) climate change
Can someone explain the concept of rent seeking as discussed by Tullock. What does rent seeking imply of the costs of a tariff?
Assume that the six-month forward exchange rate between the US dollar and the euro today is $1.22 per euro. Assume also that the spot rate is $1.10 per euro. Then we can say that the euro is trading at a
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