Holding technology and human capital fixed in techland, increasing physical capital per worker from $25,000 to $100,000 would have led to a doubling of real gdp per worker, from $40,000 to $80,000 during the 1980 to 2010 period. however, not only did physical capital per worker increase from $25,000 to $100,000, but technological progress shifted the productivity curve upward so that the actual increase in real gdp per worker during the 1980 to 2010 period was from $40,000 to $320,000.according to the scenario: technological progress and productivity growth in techland, what was the growth rate of real gdp per capita in techland during the 1980 to 2010 period?

a. 2.0 percent
b. 4.5 percent
c. 6 percent
d. 17.5 percent

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?