11. If a profit-maximizing firm s marginal product of labor equals 1 ton of output, while the marginal product of capital equals 7 tons of output and the use of capital is priced at $14 per unit, then

11. If a profit-maximizing firm’s marginal product of labor equals 1 ton of output, while the marginal product of capital equals 7 tons of output and… 11. If a profit-maximizing […]

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Which of the following would be considered long-run choices? Which are short-run choices? A dentist hires a new part-time dental hygienist. The local oil refinery plans a complete restructuring of its

Which of the following would be considered long-run choices? Which are short-run choices? Which of the following would be considered long-run choices? Which are short-run choices?A dentist hires a new […]

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Suppose the consumption equation is represented by the following: C = 200 + 0.75YD, that investment is fixed at 500 (I = 500), and that government expenditures (G) and taxes (T) are determined exog

Suppose the consumption equation is represented by the following: C = 200 + 0. Suppose the consumption equation is represented by the following: C = 200 + 0.75YD, that investment […]

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In monopolistic competition(long run), when it comes to determine how much one firm should produce, should I look for the quantity where MR=MC or P=ATC? Why? In the data sheet I got MR=MC and P=ATC is

polistic competition(long run), when it comes to determine how much one firm should produce, should I look for the quantity where MR=MC or P=ATC? Why?… In monopolistic competition(long run), when […]

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Personnel/ Labor Econ Question 2: A-H. I have attached pdf (questions) and Excel doc (data)

Question 2 Year Value of Wage Wage Production Leisure Profile A Profile B 1 220 100 220 190 2 300 100 300 220 3 350 100 350 250 4 400 […]

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400-500 Reflection Paper The following attachment is only reading for this week.

Economic Growth Given Machine Intelligence Robin Hanson hanson@econ.berkeley.edu School of Public Health, 140 Warren Hall, University of California,… 400-500 Reflection Paper The following attachment is only reading for this week. […]

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Suppose the country of Fenstra , a small country (i.e unable to affect world prices) imports peanuts at theprice of $10 per bag.The demand curve is D = 400 10PThe supply curve is S = 50 + 5Pa. (1 po

Suppose the country of Fenstra , a small country (i.e unable to affect world prices) imports peanuts at theprice of $10 per bag.The demand curve is D… Suppose the country […]

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Assume that your firm is emitting 4,000 tons of SO2 currently. Assume that your Marginal Abatement Cost is MAC = 8,000 2E Draw this MAC curve in Excel, with MAC on the vertical axis and E on the hor

Assume that your firm is emitting 4,000 tons of SO2 currently. Assume that your firm is emitting 4,000 tons of SO2 currently. Assume that your Marginal Abatement Cost is MAC […]

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Answer true, false or uncertain. Explain with reference to carefully labeled diagrams. All bargaining outcomes that lie on the demand curve are inefficient. If the union and firm are able to achieve e

Answer true, false or uncertain. Explain with reference to carefully labeled diagrams. All bargaining outcomes that lie on the demand curve are… Answer true, false or uncertain. Explain with reference […]

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Discussion Question: 1.Assume that you were ready to buy a custom tailored dress (or men s suit) and you are prepared to pay up to $200 for it. Also assume that the tailor is prepared to sell that ite

Discussion Question:Assume that you were ready to buy a custom tailored dress (or men’s suit) and you are prepared to pay up to $200 for it. Discussion Question: 1.Assume that […]

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