explain the different possible approaches to getting more undergraduate education.

The government of your state has decided that four years of undergraduate education (college or university) creates a very strong positive externality. They have hired you to explain to them the different possible approaches to getting more undergraduate education. 1) Define three strategies the government...

Find the optimal output which maximizes the profit

The production function is y = L^1/α*K^1/β . The price of the output is $100, w = $15, and r = $12.  (α= 5 and β=6) a. Find the optimal input of labor and capital. b. Find the optimal output which maximizes the profit....

When the Fed is raising rates like they are now how does that affect the unemployment rate?

The Fed has two mandates: Keep prices stable and unemployment low. When the Fed is raising rates like they are now how does that affect the unemployment rate?...

what are the PS coordinates? Also, what is the producer surplus?

Image transcription text Market for Artichokes PS X coordinates: PS 125 Price (dollars) 175 SAVE O 100 150 200 250 Quantity (pounds of artichokes) ...

how to maximize total utility at a combination

Suppose that you consume goods E and F. The price of good E is 4, the price of good F is 2, and your budget is 80. You consume 10 units of good E and 20 units of good F. Your marginal utility of the...

How a competitor’s unethical business could hurt your business

 Ethics and Social Responsibility After reading this week's Introduction, Lecture, and assigned readings, and watching any assigned videos, find a minimum of one article about how ethics and/or social responsibility can affect business. Then, write two short paragraphs about the following two topics. Use the...

What is the price to be used for a financial project analysis?

1) The import price of a good is €100. There is an ad valorem import duty of 15 percent. What is the price to be used for a financial project analysis? What is the correct price for an economic analysis? 2) Does the answer to Q1...

how to find the optimal input of labor and capital

Accounting The production function is y = L 1/7 K 11/8 . The price of the output is $100, w = $15, and r = $12. a. Find the optimal input of labor and capital. b. Find the optimal output which maximizes the profit....

What are some common minority- group responses to prejudice and discrimination?

What are some common minority- group responses to prejudice and discrimination?...

What is the expected effect of large flows of remittances from the US to developing countries?

Graph how it would look like a 'remittances boom" in the foreign exchange market. o} What is the expected effect of large flows of remittances from the US to developing countries?...