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!
Q. Q1. Consider two persons (Ann and Bill) and two-goods(X and Y) exchange economy. The total endowment of the economy is given by X=200 and Y=100. Assume Ann has an initial allocation of 100 units of X and 50 units of Y. She regards X and Y as perfect 1-for-1 complements, always wanting to consume 1 unit of X for every unit of Y. Illustrate diagrammatically the set of allocations that are Pareto preferred to the initial allocation.
Q2. Illustrate what are the main pros and cons of the two strategies, Austerity Economics and monetary & fiscal policies, to grow out of the economic crisis in EU?
Economists argue that the move from barter to money increased trade and production. How is this possible.
Assume that a firm employs labor and capital by paying $40 per unit of labor employed and $200 per hour to rent a unit of capital. What is the firm's optimal combination of capital and labor?
Now suppose as a result of a mandated increase in the minimum wage the wage increases to $80. What would be the implication of this change for this firm?
Given the following payoff matrix, (a) indicate the best strategy for each firm. (b) Why is the entry-deterrent threat by firm A to lower the price not credible to firm B? (c) What could firm A do to make its threat credible without building exces..
Explain why each stakeholder group identified in question 1 is in favour of, or opposed to, SunCal's plans to build condominiums in the resort district and identify possible solutions to this dispute that might emerge if SunCal was to work collabo..
Find examples in current news publications of the strategic responses of individual businesses to changes in currency exchange rates. Are these firms adapting to the changing international environment, or are they engaged in political action to tr..
The firm has monthly cash expenses of $180.what is the projected ending cash balance at the end of February.
Estimate t-statistics for each variable and elucidate Illustrate what inferences can be drawn from m. If R2 of this equation is 0.25, illustrate what inference can be drawn from it.
You have an income of $40 to spend on two commodities. Commodity 1 costs $10 per unit, and commodity 2 costs $5 per unit, illustrate what is the budget equation.
Explain how the average rate of per capita income in south africa between 1960-1991 compered to 1991-2010.
he perfectly competitive form maximizes profits by producing 10 units of output. At what price does it sell these units.
The firm output sells competitively explain how many tons of output will be produced.
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