2. Consider the production function in Hamilton Village is Y = K 0.4L0.6, where K is the amount of land and L is the amount of labor. The economy begins with 200 units of land and 200 units of labor. Find a numerical answer/s to each of the following questions. [30 points] a. How much output does the economy produce? b. What are the wage and the rental price of land? c. What share of output does labor receive and what share of output does land receive?

Sara is a manager at a restaurant with employees from different cultural backgrounds. which action of sara could employees perceive as an act of favoritism?

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?

What is the difference between the contractual interest rate and the market interest rate?