Consider the system of regions in china as closed sell- sufficient economies. each of these starts with an endowment of capital and labor. daca has a production function of the following form: (y/l) = (k/l)0.5 the savings rate in each region is 20%. the population growth rate in each region is 2% per year and the depreciation rate is 3% per year. a. what is the equilibrium level ok/l in each region? what is the equilibrium level of (y/l) in each region? b. if in a given region the current k/l is 9, what is the current level of (y/l) in that region? what is the level of savings per worker in that region? c. for the same region as (b) with a k/l of 9, what is the level of depreciation and capital growth) per worker necessary to keep the k/l ratio constant? how does this compare (greater, less, or equal to the savings per worker identified in (b)? d. given your answers to b and c what do you expect to happen to (k/l) in this region between this year and next year?

Maldonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . suppose that maldonia and lamponia specialize in the production of the goods in which each has a comparative advantage. after specialization, the two countries can produce a total of million pounds of lemons and million pounds of coffee.

What is the relationship between credit and debt?

He cheyenne hotel in big sky, montana, has accumulated records of the total electrical costs of the hotel and the number of occupancy-days over the last year. an occupancy-day represents a room rented out for one day. the hotel's business is highly seasonal, with peaks occurring during the ski season and in the summer. month occupancy- days electrical costs january 1,736 $ 4,127 february 1,904 $ 4,207 march 2,356 $ 5,083 april 960 $ 2,857 may 360 $ 1,871 june 744 $ 2,696 july 2,108 $ 4,670 august 2,406 $ 5,148 september 840 $ 2,691 october 124 $ 1,588 november 720 $ 2,454 december 1,364 $ 3,529 required: 1. using the high-low method, estimate the fixed cost of electricity per month and the variable cost of electricity per occupancy-day. (do not round your intermediate calculations. round your variable cost answer to 2 decimal places and fixed cost element answer to nearest whole dollar amount) 2. what other factors other than occupancy-days are likely to affect the variation in electrical costs from month to month? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) seasonal factors like winter or summer. systematic factors like guests, switching off fans and lights. number of days present in a month. fixed salary paid to hotel receptionist. income taxes paid on hotel income.