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Macroeconomics, Economics
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Question - Suppose that die number of garden benches produced by 0, 1, 2, 3, and 4 workers is 0, 39, 78, 99, and 108. Calculate the marginal and average products of labor that would have resulted. Check that the relation ...
Assignment 1: This assignment will enable you to apply the determinants of supply and demand, market equilibrium, and price elasticity for a product This assignment will cover the following course outcomes: Describe and ...
Question: Suppose you are the chief executive officer of a small pharmaceutical company that manufactures generic aspirin. You want the company to maximise its profits. You can sell as many aspirins as you make at the pr ...
Question: Assume two countries, A and B, with sizes of domestic markets 300 million and 533 1 3 million units in annual sales, respectively. In this market, firms compete by differentiating their product, while the cost ...
The Economics of Cities and Regions Assignment - Case Study - Local Government and Economic Planning Local government and economic planning Background: This assignment asks you to link planning, the economy and local gov ...
Question - A study was conducted to determine how people get jobs. Four hundred subjects were randomly selected and the following are the results: Job Source of Survey Respondents Frequency Newspaper want ads 69 Online s ...
Question - Consumer choice problems (duality) II Individuals consume three breakfast goods - cereal q1, bacon q2 and eggs q3. Preferences are modelled by an indirect utility function v(p1, p2, p3, y) = y/ Root(p1(p2+p3)) ...
Question: One of the big differences between the National Football League and Power Five conference college football is that professional athletes receive payment for their services while collegiate athletics is strictly ...
Question - Consider a market with 100 consumers. Each consumer would like to buy at most one unit and is willing to pay up to 10$. There is an incumbent firm that already operates in the market and a potential entrant fi ...
Question: Instruction: There is a dataset attached called "caschool", it is an excel file. I also upload the description of the data. It is the explanation of the data. If you don't read it you won't be able to answer qu ...
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