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suppose the production function for good q is given by q 3k 2l where k and l are capital and labor inputs please
determine whether each of the following is a characteristic of perfect competition monopolistic competition oligopoly
a change in a firms technology that decreases its production costs will result ina a leftward shift of the supply
using the ideas we discuss this week we are able to make clear statements on when a firm should operate and when it
the 2007-08 financial crisis was called the great recession it started here in the united states but it had an enormous
connie has a monthly income of 200 that she allocates among two goods meat m and potatoes pa suppose meat costs 4 per
this problem asks you to evaluate the eects of trade versus integration in a hos model there are two goods food and
you work for a marketing agency advising a client considering whether to drop prices during an economic downturn the
a stock had the following trades during a particular period what was the money flow for the stock leave no cells blank
if when the price of auto fuel rose from 2 to 3gallon households reduced oil usage from 60 gallons a week to 40 gallons
a hot dog vendor faces a daily demand curve of q1800-4p where p is the price of a hot dog and q is the number of hot
suppose the demand for crossing the golden gate bridge is given by a if the toll p is 3 how much revenue is collectedb
bloom et al 2012 lsquothe organization of firms across countries quarterly journal of economics has found that
assume that a firm faces the following production function-qlk l14 k34a derive the iso-quant curve for this firmb
assume that a firm faces the following cost functiontc 450 10q3 minus 5q2 20qa derive the supply curve for this
the author of the news article titled econ disecon scale schools in the news folder notes that for years school
select an industry or firm state its market structure pure competition monopoly monopolistic or oligopoly next please
you are hired to run a company that produces computers your first month on the job you hire 10 additional workers and
assume that a firm faces the following cost function-tcq 10010q2a derive the supply curve for this individual firmb if
aspects of fiscal policy suppose the economy had been producing at natural real gdp but is now experiencing a recession
mitsubishi heavy industries makes the wings of the new boeing 787 dreamliner in japan toyota assembles cars for the us
in a two player game in which each player has only two strategiesa there will always be at least one nash equilibriumb
if players in a two player game play a nash equilibriuma there will always be an outcome that gives both players a
income taxes hubert a resident of econoland currently works 20 hours a week and earns an annual income of 50000 the
you have learned that earnings functions are one of the most investigated relationships in economics these typically