This question asks you to analyze in more detail the two-sector endogenous growth model presented in the text on pages 257 and 258. a. Which of the following is the best representation of the production function for manufactured goods in terms of output per effective worker and capital per effective worker?

Miller mfg. is analyzing a proposed project. the company expects to sell 8,000 units, plus or minus 2 percent. the expected variable cost per unit is $11 and the expected fixed costs are $287,000. the fixed and variable cost estimates are considered accurate within a plus or minus 5 percent range. the depreciation expense is $68,000. the tax rate is 32 percent. the sales price is estimated at $64 a unit, plus or minus 3 percent. what is the earnings before interest and taxes under the base case scenario?

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive