Answers: 2
Business, 22.06.2019 20:40
Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?
Answers: 1
Business, 22.06.2019 21:10
Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.
Answers: 3
Business, 22.06.2019 22:50
Wendy made her career planning timeline in 2010. in what year should wendy's timeline start? a. 2013 o b. 2012 oc. 2010 o d. 2011
Answers: 2
Business plan are also called ROAD MAPS; it’s possible to travel without one, but it will only incre...
Social Studies, 04.08.2019 23:30
Social Studies, 04.08.2019 23:30
History, 04.08.2019 23:30
Biology, 04.08.2019 23:30
History, 04.08.2019 23:30
Biology, 04.08.2019 23:30
Chemistry, 04.08.2019 23:30
Mathematics, 04.08.2019 23:30