Entries by Hannah Wangui

capital, labor and land

Question When a firm is hiring capital, labor and land for its production process, the cost minimization condition is: PL = PK=PA MPL = MPK = MPA MPL/PL = MPK/PK=MPA/PA all of the above are equivalent   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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How do you calculate quantity demand and supplied demand?

Question How do you calculate quantity demand and supplied demand?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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capital income

Question If two countries steady state level of per capital income was described by the Solow model and they />had the same values for γ,α and δ but different values for n, what would their ratio of per capital income be? (10 points)I see the answer, but do not understand how the equation is derived […]

 

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