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!
Assume a monopoly faces a linear demand curve given by q = 45 - p, where q is quantity and p is consumer price. (This means that marginal revenue function is MR = 45 - 2q). Marginal cost, MC, of producing the output is $5. By how much does the consumer price go up if we levy a $2 tax on this good?
A manager has been allotted $8000 to spend on the development and promotion of a new product. It is estimated that if x thousand dollars are spent on development and y thousand dollars on promotion, approximately f(x,y)=91x^(1/2)*y^(3/2) units of the..
BP was subject to world- wide condemnation for the Gulf of Mexico major incident ( Deepwater Horizon, April 2010), being the largest marine oil spill in history. From the perspective of (a) Systems- oriented theories and (b) Social and Environmental ..
If consumers are rational, they will attempt to equate the "bang for the buck" of various items that contribute to their satisfaction within the constraints of some budget. Equate the ration of ( price / marginal utility ) for each item in their budg..
Suppose you have a sample of body weights from a population of males above 20 years of age. Your sample size is 121 men. Body weights are approximately normally distributed. Your sample mean is 190 pounds, and your estimated population standard devia..
Classify each of the following scenarios as an example of adverse selection or moral hazard. Be sure to support your answer! Nordstrom†TM s cannot predict who is going to be a good shoe salesperson.
The theoretical model of the inter temporal budget constraint for the U.S. economy as a whole suggests that the most common pattern seems to be that: the quantity of?... or the result of?..
If the actual price in this market were below the equilibrium price, what would drive the market toward the equilibrium.
The Aetna's decision is a bad business strategy (bad blood) or one based upon vengeance and intimidation? If it is the later, what should government do about it? Remember to use the invisible hand theory. Aetna Warned it Would Withdraw From Exchanges..
Alice, living in Columbus, consumes apples and oranges and nothing else. Let us denote Apples by A and Oranges by O. Let PA denote the price of apples and PO denote the price of Oranges. Alice’s is born with 60 Apples and 30 Oranges. PA = 5 and PO = ..
What is globalization (please define it both as a process and outcome) What factors can you identify in explaining why globalization occurred How do you assess its impact upon both rich countries and poor ones, in particular, the issue of inequality ..
show how consumers make purchase desicions, on the basis of each model of consumer desicion making cognitive, emotional, paasive.
Suppose that the demand for cantaloupes is p=120-3Qd , where is the price per pound (in cents) of cantaloupe and Qd is the quantity demanded per year (in millions of pounds). Suppose that the supply curve for cantaloupes is P=5Qs where Qs is the quan..
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