markets to show how the change in A affects the supply of capital, the supply of labor, the real wage, and the real rental rate. When A increases: O Y increases and C increases OY increases and C decreases OY decreases and C increases OY decreases and C decreases

The table below pertains to Pieway, an economy in which the typical consumer's basket consists of 15 bushels of peaches and 10 bushels of pecans. Year Price of Peaches Price of Pecans 2012 $11 per bushel $6 per bushel 2013 $9 per bushel $10 per bushel Refer to Table 24-2. The cost of the basket in 2012 was O a. $212.50. O b. $235. ○ c. $200. O d. $225.

Y-KILI. Suppose there is perfect competition. The real rental rate of capital is rx-1 and the real wage is 4. The firm wants to minimise its costs subject to producing at least one unit of the good, Le. It was to minimise its costs subject to What is the value of the ratio Y2L Enter a number using fractions or decimals in your answer. Decimals should be to at least 2 decimal places. 4-C What is the value of L? Enter a number using fractions or decimals in your answer. Decimals should be to at least 2 decimal places. What is the minimum cost for the firm? Enter a number using fractions or decimals in your answer. Decimals should be to at least 2 decimal places.

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Rent / Unit m lo O Equilibrium occupancy O Market rent O Vacancy O Shortage O Interest rate D Supply Demand Existing Stock of Space Consider the figure above. Point E represents: Units of Space