Q. A political campaign manager must decide whether to emphasize television advertisements or letters to potential voters in a reelection campaign. Describe the production function for campaign votes. Using the concepts conversed in class (isoquant, costs, MRTS, etc.) describe Elucidate how the manager should decide to run the campaign.

Q. The U.S. economy may be thought of consisting of three large group. Name them, provide an example of the interaction between each of these group, sometimes a fourth group is included. Illustrate what would that group be? Provide an example of the interaction between this also the group listed in your answer.