Already have an account? Get multiple benefits of using own account!
Login in your account..!
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!
Microeconomics questions.Q1. Jonathan's preferences are characterized by diminishing marginal rate of substitution. At his current consumption level Jonathan's marginal utility from beer is 5 and his marginal utility from Coke is 4. If Coke is placed on the horizontal axis, is Jonathan's current choice an "interior" optimum if the price of a can of beer is $2 and a can of Coke costs $1? Explain? If not what should Jonathan to obtain an interior solutionQ5. Bin is considering two cell phone plans. The first plan gives Bin up to 300 minutes of use, CP, for a set fee of $60 with each additional minute priced at 20 cents per minute. The second plan has no set fee, but charges 50 cents per minute. You have $100 per month to spend on cell phone services and a "composite" good ,C, priced at $1 per unit. a. Draw Bin's budget constraints under each plan, label all relevant pointsQ6. Shen purchases two goods, x and y. With income of $600, Px is $4 per unit and Py is $5 per unit. a. Draw the Shen's budget constraint and label all relevant points [2 marks] b. Suppose the government imposes a tax on good x of $2 per unit, that is, the price of x would rise to $6. However, the tax is imposed only on the first 40 units of x purchased. Draw and appropriately label Shen's new budget line
1. With the introduction of a unit tax, to be paid by producers, the supply curve shifts upwards. Explain why, when the same tax is levied directly on consumers, the demand cu
The simple case of pricing with market power assumes (a) all consumers are charged the same price, (b) the firm sells one product, (c) demand exists in one time period, and (d
What are some of the challenges you faced? How did you overcome them and reflect on ‘steps to success' outlined in Part A: career Action Plan and discuss if you achieved your
Discuss the role of central government in establishing trade policy and providing environments that support or restrict international trade. Discuss the various Internationa
Question for Maria 10.3 is "Should teachers take time to understand a student's culture? Is it really relevant?" 2. Question for Martha 3.3 is "Should Governments provide com
A consortium of investors proposes to form a bank that will operate throughout Australia. The new entity will be a public company operating under the name, Oz Bank Ltd.
The company has some 150 staff, who include management, administrative staff, nursery and Regional Garden Planners staff. The company has a range of different types of relativ
You are to critically assess and document the following dimensions: • Generic business strategy • Organizational culture • Formal organizational structure
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!
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd