onsider the following short-run production function, where bor (L) is the variable input and capital (K) is fixed: Q (L) = 6L² – 0.4L³ fter which value of labor do marginal returns diminish?

Q: O b) When he consumes zero amount of good 2, his MRS12 is equal to 1

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Q: If wages fall, then the short-run aggregate curve shifts to the

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A: Question 7 Stabilizing speculation means people will buy stocks, expecting the price to rise. Destab...

Q: What is the distinction between the laws and of returns and the returns to scale?

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Q: e in this western province passes laws that make it easy for workers to join a union. Through collec...

A: Equilibrium is achieved at the level where Ls equals Ld

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A:

Q: Briefly describe the factors that need to be considered during an ergonomic assessment.

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Q: difference between income and wealth, and why both are important in terms of economic security for o...

A:   income refers to the amount of money received by a individual person , group or company during a c...

Q: what does Adam Smith mean by “self-regulating

A: Adam Smith in his book called "The Wealth of Nation" published in 1776 has described the "self-regul...

Q: Suppose that the total cost of manufacturing r units of a certain commodity is C(x) = 2r + 6.r + 12....

A: Note: We will answer the first one as the exact one was not specified. Please submit a new question ...

Q: What sampling technique is used?   In a research class of 40 students, the teacher divides the cla...

A: Sampling is the process of selecting a specific number of observations from a larger population. The...

Q: Consider the long-run equilibrium output, the potential output, the full-employment output, and the ...

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Q: Anecdotal evidence suggests that some insurance companies in Germany advertise specifically to certa...

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Q: Suppose a firm faces an elasticity of demand of -1 at its current price/quantity levels. This firm w...

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Q: What is the after-tax present worth of a chip placer if it costs $75,000 and saves $23,000 per year?...

A: Let's solve it step by step:- The tax rate is 54% thus, calculating it by considering it at every po...

Q: The real interest rate is 6 percent a year and the income tax rate is 50 percent.   With no​ inflati...

A: Given real rate of interest = 6 % Income tax rate = 50 % Inflation rate = 0    

Q: A firm has 60,000 shares whose current price is $62.57. These shareholders expect a return of 14%. T...

A: Total shares = 60,000 Price of share = $62.57 Return = 14% The firm has a 3-year loan of $1,900,000 ...

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Q: Redleaf company's market research department works on the manufacture and marketing of a winter tire...

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Q: 4) Listen Firms in oligopoly markets are playing a 'game' agpinst each other. True False Listen In g...

A: Oligopoly is a market structure where there are few sellers in the market competing against each oth...

Q: Using the IS–LM diagram, show the effects on output and the interest rate of a increase in governmen...

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A: Domestic policies include any sort of domestic tax or subsidy policy, as well as any type of governm...

Q: Which of the following statements are true about this natural monopoly? Check all that apply. The ca...

A: a) At profit maximizing level:-                                        MR=MC Therefore;

Q: Be the production function Q (K, L)) = (K} +213), that depends on the quantities Used from inputs Ka...

A: Given production function Q=89K13  +2L133

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Q: Year BTCF (Marginal cost) 1 %24

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A: The detailed explanation for both parts is as follows:-  

Q: Suppose the economy of Canada is governed by the following consumption function, nvestment function,...

A:

Q: 2. Consider a competitive market where there are two types of firms, Type A and Type B, with total c...

A:

Q: How Goods Market will be in Equilibrium according to the saving and investment approach?

A: PLEASE FIND THE ANSWER BELOW.

Q: 5. Suppose that people’s preference for consumption fell. How would this change the aggregate demand...

A: The aggregate demand curve refers to the different quantities are demanded at the different price le...

Q: 6. “The Lucas critique by itself casts doubt on the ability of discretionary stabilization policy t...

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Q: Suppose rules of the scenario change such that Village1 and Village2 are having a conflict on the ow...

A: Given,  Two Players : Village 1 and Village 2Both Villages have Two Strategies : Not to Battle and T...

Q: The price rose. How would it shift the AD curve: Leftward, Rightward or No shift?

A: Aggregate demand refers to the total amount of goods demanded in an economy by all the consumers dur...

Q: Define Elasticity in your own words and also explain how elasticity can be measured?

A: Introduction and definition of the elasticity is as under:

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Q: Central bank wants to reduce the money supply. Choose all policies from below that can achieve the r...

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Q: Claims amounted to P50,000.00 received by Mrs. Perez after giving birth by the social security.   ...

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Q: antidades Be the production function Q (K, L) -12 (K + 41, which depends on the quantities Used from...

A: Given,  Production Function : Q(K, L) =23625(k1/4+4L1/4)4 and (K,L) = (2, 4)

Q: Consider the following payoff matrix, where the first entry in each cell is the row-player's payoff....

A: Introduction In payoff matrix each player choose best strategy so that he can get maximum payoff. It...

Q: ntidade Be the production function Q (K, L) -2 (K+41, which depends on the quantities Used from the ...

A: Introduction We have given a production function Q (K, L) = 23625 (K1/4 + 4 L1/4)4 Here (K,L) = (2,4...

Q: Comparative statics in the steady-state: draw a new version of the graph from the previous question....

A: Solow model ensures steady growth in the long run period without any pitfalls. It is also known by t...