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Your firms production function : Q=4K^1/2L^1/2 Suppose that the price of labor is $5 and the price of capital is $20. Your firm desires to produce 200 units of output. How much
describe who gets hurt in a recession, and how.
what is consumer''s choice involving risk.preference toward risk.
Ask question # how do you formulate a demand and supply equations when you a table of prices, quantity demanded and supplied?
Major air pollutants can be sub divided into 2 catexampleories: Inorganic gases and particular gases. (A) Inorganic gases 1. Carbon monoxide (CO) CO is a colourless, lethal gas
a) Explain the perverse incentive. b) What makes the incentive perverse? c) How could the incentive makers better the incentive?
Assume that John has the following preference relation over two goods, bread and bear (x1, x2). He strictly prefers any bundle x over y whenever x haves more bear than y, whatever
Elasticities of supply and demand Other Demand Elasticities – Income elasticity of demand calculates the percentage change in quantity demanded resulting fro
GIVE EXAMPLES OF EACH OLIGOPOLY MODELS FROM REAL LIFE
A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero
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