hich of the following statements are true? A basic assumption of the theory of production is that: A firm cannot borrow money to finance its input expenditures. A firm can buy as much labor and capital as it desires in the long-run A firm can reduce the number of workers it uses, but it cannot adjust how much capital it uses in the short-run When the marginal product of labour starts falling, the firm must cease production a. II only b. II and III c. I, III and IV d. II, III and IV

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A: To find : Condition for profit to be maximum. 

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A: Given: The age of Frasier is = 33 years The amount of monthly payment is = $5,000 Years = 15 The rat...

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A: Since the question you posted consists of multiple parts, we will answer the first three parts for y...

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A: New Demand Curve and Demand Schedule for apple juice after Raiko's doctor advice(as per given schedu...

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A: The equilibrium is established where the demand and supply forces are equal. The change in the deman...

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A: Worker productivity refers to total output  divided by quantity of labor employed. It is also known ...

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A: Fixed cost is the cost that remains same at all levels of output whereas variable cost is the cost t...

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A: Given information Cournot model with 2 firms Inverse demand function P=a-bQ Q=q1+q2 identical cost f...

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A: Equilibrium quantity and Equilibrium price is determined where quantity demanded  = Quantity supplie...

Q: Give example for singapore’s fiscal and monetary policies during covid-19.

A: To find : Example for Singapore fiscal and monetary policy. 

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A: The challenges that socioeconomics addresses, as well as the elements that have a detrimental impact...

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A: Disclaimer :- as you posted multiple questions we are supposed to solve the first one only as per gu...

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A: Labor Force: The term labour force refers to those people who are above 16 years of age or fall in t...

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A: According to bartleby guideline I have answered only first three questions.

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A: A monopoly is a single firm selling unique good in the market and enjoys market power.

Q: Question: You have the following information from the market Demand function: QD=270-5P Supply funct...

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...

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A: According to the "law of increasing opportunity cost", as the production of one good is increasing, ...

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A: Present Value=FV(1+r)N    where, Present Value = $1000 r = discount rate = 10% = 0.10 FV = Future Va...

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A: In a competitive market Equilibrium price and equilibrium quantity is determined by the interaction ...

Q: Thomas has the following utility function over milkshakes (m) and smoothies (8): U (m,s) =m + 3s Tod...

A:

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A: Basics:- As international trade is matter of federal government so no state can impose any such duti...

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A: Introduction its answer is A) The price setting curve shift downwards Because when the competition i...

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A: inadequate levels of public goods refers to the market failure and in economics, market failure is a...

Q: You set up a trust fund for your 8-year-old child, which is to pay out $10,000 when she turns 18. Yo...

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A: Given   A B C D E Ice cream 0 1 2 3 4 Chocolate 30 29 25 15 0

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A: An extensive-form game is a detail of a game in game hypothesis, permitting (as the name proposes) f...

Q: Given the 12th term is nine and the 25th term is 100 .. find the 8th term.

A: Formula for nth term of AP is a + (n-1) d Where a is the first term and d is the common difference. 

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A: An entity or organization that is being engaged in activities of professional, commercial, or indust...

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A: Economics is the branch of social science which deals with problems related to production, consumpti...

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A: Note:- Since we can only answer one question at a time, we'll answer first one as the exact one is n...

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A: Initial population (P 0 )=45000 Rate of growth (r)=2.1% per year                          (r)=0.021 ...

Q: 5. According to Malthus, population increases by progression of which kind? A. O Systematic B. O Ari...

A: "Correct option is C i.e. Geometric."

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A: Solution:-  a.Straight line method Depreciation charge : Php 6650 Book Value: Php 3350   b.Sinking f...

Q: price quantity demanded quantity supplied 300 60  30 400 55 40 500 50 50 600 45 60 700 40 70 800 35 ...

A: The type of price control being imposed by the government and is the highest point at which services...

Q: Economic Measurements Structural Characteristics of Developing Nations

A:

Q: 1. Is adherence to a good practice and ethical principles in business activity a factor in the effec...

A: When business people manufacture a product, cost  takes place for that product and process of busine...

Q: 4. Assume that Canada and Kenya are ti a. If the real interest rate in Canada decreas Canada and the...

A: The correct answer is given in the second step.

Q: Give five examples of goods and services that people consume on a daily basis as a result of globali...

A: Globalization The word "globalization" refers to how commerce and technology have made the globe a m...