Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. Suppose that yi receives $ 60 per day as interest on inheritance and her wage is $25 per hour, and she can work a maximum of 16 hours per day at her job. draw her daily budget constraint.
2. Suppose that a new bridge opens in the east bay, and min's daily commute is reduced by one hour. if Min can chose how many hours she works per week, and if both leisure and income are normal goods, then what is the effect of the shorter commute on Min's work time?
3. Suppose that Mari was injured in an accident and after the lawsuit she gets paid $3,000 per month. if her utility function is U(C,L)=C*L, and if she gets paid the settlement whether or not she works, then what is her monthly reservations wage? assume that she can take at most 720 hours of leisure per month.
Your company is considering expanding overseas. It is particulary interested in developing markets, and narrowed its choice down to two countries, A and B.
Explain how a change in investment can have big impact on GDp causing nationwide slump. Recall that investment is "small' relative to the whole economy.
This document shows evaluation of alternative approaches to analysing the effectiveness of public policy and Assess the impact of government policies on selected areas.
Shelly's preferences for consumption and leisure can be expressed as. This utility function implies that shelly's marginal utility of leisure is C-200 and her marginal utility of consumption is L-80.
Compute the path of the economy, that is , calculate real GDP, the price level, the inflation rate and real money stock for each year until GDP I swithin 1% of the potential. (limit calculated values to 10 decimals points)
Evaluate the range of marginal revenues
Mention the four assumptions for the Monopolistic competition model.
How is interest rate described? Why is there a lower present value of goods to be delivered in future? What are their respective interest rates? Illustrate the adjustments which you think will ensue.
Mention and describe the three theories for why the short-run aggregate-supply curve is upward sloping.
Exchange and markets, Demand supply and market equilibrium
Finding the short run and long run profit maximizing price - quantity and number of firms in industry.
Perfect competition guarantees allocative efficiency. A profit-maximizing monopolist can never be allocatively efficient.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd