In the short run, why does marginal cost decrease, then increase? A) What is the long run aggregate supply (LRAS) curve and why is it vertical? B) Why does the short run aggregate supply curve slope upwards? Explain why the marginal cost curve int...
Why does the slope of the aggregate supply curve change from the short run to the long run? In the short run, why does marginal cost decrease, then increase? Explain why the short-run marginal cost curve eventually increases for a typical firm. ...
The last two years have been characterized by a considerable increase in the number of national and local regulations to contain and fight the spread of the COVID-19 contagion. The literature suggests that poor readability of regulations comes with a significant cost in terms of public compliance...
All types of children are normal goods in this model, so while this prediction focuses on wage rate changes, the model also implies that increases in unearned income should increase the demand for child consumption more broadly. The model does not make an explicit prediction on how unearned inco...
Thanks to higher interest rates, to stay competitive, many of your existing investments that have an income component have tended to increase as well. As a result, higher interest rates are helpingget you to FIREsooner. The sooner you get to yourtarget passive incomeamount, the sooner you can...
Years to Work Decrease Most importantly, the magic happens when you start investing that money. If you invest those savings in low cost index funds, something powerful happens. The power of compounding. The mathematical result is that there's a high likelihood you are at the point where workin...
had no idea the increase in E-Coli cases was directly related to all the corn-feeding that goes on in the meat we buy (Food, Inc does a better job of explaining why – it has to do with the cows no longer having the ability to fight off the E-Coli bacteria that being grass fed...
In the short run, why does marginal cost decrease, then increase? Why do marginal costs tend to rise, and marginal benefits tend to fall? Why is allocative efficiency the point where marginal cost is equal to price? Why is the marginal rate of substitution declining in case of an indifferen...
protocol mandates one block be found, on average, every ten minutes, the more hashing power directed at mining does not increase the rate of new supply - it only increases the difficulty of mining.Research has shownthe the price of a bitcoin has closely tracked its marginal cost of ...
The cost of capital is key information used to determine a project'shurdle rate. A company embarking on a major project must know how much money the project will have to generate in order to offset the cost of undertaking it and then continue to generate profits for the company. The compan...