The product of 3 and X increased by 5

Y = F (K, L) = K1/2L1/2. Suppose that both countries start off with a capital stock per worker of 2. What are the levels of income per worker and consumption per worker? Round your answers to two decimal places.

The service sector has lower productivity improvements than the manufacturing sector because: the service sector uses less skilled labor than manufacturing. the quality of output is lower in services than manufacturing.

A perfectly competitive firm is selling 300 units of output per week at a price of $1,050. Average total cost is $1,010, average variable cost is $990, and marginal cost is $1,100. From this information, it is clear that the firm A.

Forrester Company is considering buying new equipment that would increase monthly fixed costs from $360,000 to $360,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change.

Richard owns and operates a small business at an outdoor market where he sells fruits and vegetables. What does the UCC specifically require of Richard with respect to his customers

Which of the following could be an ideal randomized controlled experiment to study the desired causal effect? A. Allow all students an extra day to study for the microeconomics exam.

Does A Zebra Think Its Black On White or White On Black?

Effective vision statements include a. financial objectives and projected figures. b. all strategic directions of the organization. c. strategic posturing and future objectives. d. a brief statement of the company's direction.

True or false: people in business get ahead by meeting the needs of their consumers. as a result, both businesses and customers benefit from voluntary exchange.

Jim and kathy have a contract with a term that is not clear. kathy and jim both have a different interpretation of the contract. if kathy wrote the contract, a court will