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Imagine that the government unexpectedly introduces a capital income tax τ;

that is, net capital income becomes r(t) = (1 − τ)fk(k(t)). Also assume that

the tax revenues are used for unproductive government purchases. How does

this policy change the balanced growth path?


TR= 75Q-4Q^2




Find AR and MR function?




At what level of output and price MR is zero?

A committee of 4 men and 6 women is to be selected from 7 men and 8 women. If there is a married couple among the 15 people, in how many ways can the committee be selected so that the couple are automatically in the committee?

Three sets of twins are to pose for photographs. How many photographs are possible if each set of the twins are to stand close to each other?

The following attributes are measured for members of a herd of Asian elephants:


weight, height, tusk length, trunk length, and ear area. Based on these


measurements, what sort of similarity measure from Section 2.4 would you use


to compare or group these elephants? Justify your answer and explain any


special circumstances.

·      Engage in critical discussion on Immanuel Kant’s thoughts on the Enlightment and its underlying philosophies.



4.QUOTE AND DISCUSS THE EFFECTS OF THREE SPECIFIC FEATURES OF ACADEMIC WRITING FROM THE ARTICLE.REFER TO PAGE 71(UNIT 6) OF YOUR PRESCRIBED BOOK FOR THIS QUESTION.


Human cheek cells were placed in a solution less concentrated than their cytoplasm. Describe the effect this will have on the appearance of the cells

Does Cephalus believe it is bad to be of old age? 


Use the production function Q=10K0.5 L0. 6 to complete the following production table.

Rate of capital input (K)

6 24.5. 56.3. 71.8

5

4. 30.3

3. 45.5

2. 27.3

1. 10.0. 29.3

1. 2. 3. 4. 5. 6

a) For this production system, are returns to scale decreasing, constant, or increasing? Explain


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