Start Discovering Solved Questions and Your Course Assignments
TextBooks Included
Active Tutors
Asked Questions
Answered Questions
unemployment suppose that there are 500 workers in the economy and the labor demand function is given by ld 1000 minus
with the current specifications a new road will cost 15 m initially need 120k in annual maintenance and need to be
a city engineer and economic development director of buffalo are evaluating two sites for construction of a
the maker of a leading brand of low-calorie microwavable food estimated the following demand equation for its product
consider an economy with the following cobb-douglas production function y k13 l23 a what is the per-worker production
elasticity is a measurement of how much a change in price of a product or service will affect a change in the quantity
elasticityrsquos effect on pricing policy can be profound and far reaching a poorly thought out price increase can
how are prices determined under perfect competition think about a firm that you have done business with recently what
suppose you are given the utility functionu space equals space ln space c space plus space left parenthesis 025 right
the flulkert family is large and they have seven hired hands the familiy has a total of about 20 per week for available
negotiable instruments are transferred every business day of the year make a checklist for the potential buyer or
in your own words 2 paragraphsdiscuss the difference between second-party payment and third-party payment in regards to
consider an economy in which people live two-period lives in overlapping generations but are endowed only in the first
consider the model of three-period-lived individuals suppose the two-period real rate of return on captial is x144 the
adam and eve are consumers in a 2-consumer 2-good exchange economy the price of x is px and the price of y is 1 each
acme manufacturing has the linear short run production function q 13k 2l 41m where k is capital l is labor and m is
suppose in the market for oranges in a small country closed to international trade the domestic price is 3 per lb at
two countries france and the us produce just one good ndash chicken suppose that the price of beef in the us is 280 per
the us government decides to introduce a tax on a given market to increase government revenues that can be used to
the us government decides to reduce the government budget deficit by increasing taxes and keeping government
suppose that the level of gdp increased by 100 billion in a private closed economy where the marginal propensity to
in the short run labor is the only variable factor used by a firm in the production of a certain product the manager of
in 2011 the occupy movement spread from new york to a number of cities across north america to protest the uneven
n 1978 china introduced its one child policy to limit population growth due to selectice abortions this has led to an
the year 2014 was a perfect storm in the hazelnut industry terrible weather and blights reduced crops people in china