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Answers: 2
Business, 22.06.2019 20:10
Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.
Answers: 1
Business, 23.06.2019 02:20
When the benefit of one particular use of a resource is greater than the opportunity cost, then that resource is which of the following? a. not scarce b. being used efficiently c. a normal good d. non-excludable
Answers: 2
Business, 23.06.2019 09:50
Provide three examples of how the purpose of investing is different than the purpose of saving
Answers: 2
Business, 23.06.2019 10:00
Governments sometimes erect barriers to trade other than tariffs and quotas. which of the following is not an example of this type of trade barrier? a. a requirement that the employees of domestic firms that engage in foreign trade pay income taxes b. restrictions on imports for national security reasons c. a requirement that imports meet health and safety requirements d. a requirement that the u.s. government buy military uniforms only from u.s. manufacturers
Answers: 2
Mathematics, 02.12.2019 02:31
History, 02.12.2019 02:31
Mathematics, 02.12.2019 02:31
Mathematics, 02.12.2019 02:31
Mathematics, 02.12.2019 02:31
English, 02.12.2019 02:31
Mathematics, 02.12.2019 02:31
Mathematics, 02.12.2019 02:31
Mathematics, 02.12.2019 02:31
Mathematics, 02.12.2019 02:31
Mathematics, 02.12.2019 02:31