Reference no: EM13309012
1.Suppose there are nine sellers and nine buyers, each willing to buy or sell one unit of a good, with values ($60, $50, $45, $40, $35, $30, $25, $20, $15). Suppose there is a single market maker in this market. What is the optimal bid-ask spread?
a.$15 bid; $60 ask
b.$20 bid; $50 ask
c.$25 bid; $45 ask
d.$30 bid; $40 ask
2.Suppose there are nine sellers and nine buyers, each willing to buy or sell one unit of a good, with values ($60, $50, $45, $40, $35, $30, $25, $20, $15). Suppose there is competition among several market makers, and the spread has been forced down to $10. H0w many goods are traded?
a.Five
b.Four
c.Three
d.Two
|
Determine the equation for te and illustrate this grahically
: Use the multiplier to indicate how a decrease in investment of R50 will affect the GDP. Show all caluclations. Illustrate this on a graph
|
|
Fiona requires a minimum level of consumption a threshold
: Fiona requires a minimum level of consumption, a threshold, to derive additional utility: U(X,Z) is 0 if X+Z is less than or equal to 5 and is X+Z otherwise. Draw fionas indifference curves. Which of our usual assumption does this example violate.
|
|
How does my current event illustrate a microeconomic concept
: Choose two microeconomic concepts, present and analyze two current events through the lens of microeconomic theory. “How does my current event illustrate a microeconomic concept?”
|
|
Unemployment
: Topics to elaborate: Economy (Economy stability/Managing economy resources effectively/Unemployment/Good control system):
|
|
Suppose there are nine sellers and nine buyers
: Suppose there are nine sellers and nine buyers, each willing to buy or sell one unit of a good, with values ($60, $50, $45, $40, $35, $30, $25, $20, $15). Suppose there is a single market maker in this market. What is the optimal bid-ask spread?
|
|
Explain what has occurred and why reason for shift
: President Chavez Venezuela said he is going to not sell oil to the United States. What will happen to the price and quantity of gasoline in the United States?
|
|
Discuss the incomes and expenditures in terms of the keynesi
: Discuss the incomes and expenditures in terms of the Keynesian model. You can agree and/or disagree with the Keynesian assumptions.
|
|
Measuring customer satisfaction paper
: Measuring Customer Satisfaction Paper
|
|
Difference between significance and meaningfulness
: Difference between significance and meaningfulness?
|