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When a firm earns a normal profit, its revenue is just enough to cover both its ____________ cost and its ___________ cost. accounting; opportunity...
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Help needed. Can you please help me answer this question ?
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Crumble Coporation produces cookies. Here is the relationship between the number of workers and output (in dozens of cookies) in a given day:
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Consider the macroeconomic model: Y= C + I C= a + b Y Here:Yis national income,Iis fixed investment that does not depend...
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Which of the following has occurred for Australia since 1960?
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Suppose a firm is using a production technology where capital and labour are imperfect substitutes. Suppose the market is perfectly competitive.
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Jacob receives an allowance of $5 per week. He spends all his allowance on ice cream cones and cans of Lemon Fizz soda. If the price of ice cream...
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Assume that in 2011, the following prevails in the Republic of Nurd:
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You need both equations and clearly labeled graphs (separate graphs for each question) to answer the following questions.
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Rebecca is just starting atwo-day,fully-funded vacation.First thing this morning,sheis given $1000. First thing tomorrow morning, she is given $500....
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Assume you own a factory and you could get a loan for $80'000 to expand the factory.
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Soft selling occurs when a buyer is skeptical of the quality of usefulness of a product or service.
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Burger are produced and sold in South Africa in a competive market. The market determined equilibruim price of a burger is R20. At this price, the...
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Using marginal cost (MC), average cost (AC) and marginal revenue curves in appropriate diagrams illustrate and explain how a firm operating in a
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How can I distinguish between developed economies and developing economics, and based on what classified standards or definition.
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Consider Solow's model when the production function is Y = 1000K0. The population growth rate is 2%, = 0.1 is the depreciation rate and s = 0.25 is...
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Assume that for the entire business sector of a private closed economy there is $0 worth of investment projects that will yield an expected rate of...
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Hi I need some guidance with writing a high quality essay. Q: What are the ecological consequences of global trade, production and finance?
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Hi I need some guidance with writing a high quality 2500 essay. Q: What are the ecological consequences of global trade, production and finance?
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A monopolist produces a single good from the utilization of two plants, plant 1 and plant2. It faces an inverse demand curve of: P = 1100 -2Q, where...
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With the aid of a diagram, draw a production possibility Frontier (PPF) for an economy producing any products of your choice.
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Use a fully labeled diagram of the market demand curve and market supply curve to illustrate each of the situations required.
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A recent study showed that the length of time required for customers to resolve their computer issues with online support is normally distributed...
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Consider a random variable, z, that has a standardized normal distribution. Determine P(z -1). A) 0.8413B) 0.1251C) 0.2124D) 0.
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Consider two competitive economies that have the same quantities of labor (L = 400) and capital (K = 400), and the same technology (A = 100).
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It has been suggested that non activists are not concerned with the level of Real GDP and unemployment because most (if not all) nonactivist monetary...
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Two methods can be used to produce expansion anchors. Method A costs $60,000initially and will have a $13,000 salvage value after 3 years.
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Which of the following is not an appropriate way to deal with high multicollinearity?
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This question is based on the article, " The contradiction at the heart of Trumponomics ," published by The Economist on May 13, 2017.
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First, let's consider the basics of the AD / AS model. List and explain the three reasons why the AD curve is downward sloping. (3 points) B.
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Consider a firm operating in a monopolistically competitive market. We are interested in the long-run equilibrium.
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A bank manager advises all of his loan officers that the average cost of funds for the bank over the past year has been 6%.
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Economists are able to estimate the natural rate of unemployment in the United States:
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P M = $20000 P G = $1.00 I = $15000 A = $10000 This function is: Q T = 200 -.01P T +.005P M -10P G +.01I +.003A 4.
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(a) If the U. economy is operating near full employment and the exchange rate increases (the dollar appreciates), explain why the Federal Reserve...
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Explain supply chain management and market logistics. Why are these efficient processes important to many industries?
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Question: There is a large increase in the global demand for diamonds, of which South Africa is the biggest producer. At the same time, the central...
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Kew Company uses the weighted-average method in its process costing system. The company had 3,000 units in work in process at April 1 that were 60%...
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L"' ' \" _l A ' \"" AI _""_' \"" A! ' \"" VI ' ' \"" 'I'J 6 (Requires calculus) Let X denote the prison sentence, in years, for people..."
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China and America can each produce 100 million shirts a year. America can produce 20 million computers a year, whereas China can produce 10 million...
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Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where MR = MC).
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Employees, research and development departments, customers, suppliers, and even competitors can help a company with this stage in developing a new
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Suppose a new law increases access to education for the lowest income earners in the economy. What affect will this likely have on economic mobility?...
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Doors Inc. is a technology company that focuses on creating operating systems, which are the software packages that run everything on a computer.
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At the end of the fiscal year for Santos Industrial Machinery, management raised concerns about the company's financial performance.
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Rent controls are often a popular market intervention, particularly in periods of inflation (so that rental prices will be kept 'reasonable') and...
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what are the implications of adverse selection in insurance markets that contain information asymmetry and community ratings?
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Amatriya is a 50-year-old investor planning to retire in ten years.
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It costs suppliers $1 to produce each additional widget, and widgets sell for $2. Some consumers are not willing to pay $2 for a widget but are...
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Please answer these questions! Pay no attention to the shaded answers, they are ones I clicked on. (Please answer A-E for each one, A being the first...
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