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. With the quantity of good x measured on the horizontal axis and the quantity of good y measured on the vertical axis, the absolute slope of a budget line is equal to:
a. MUy/MUx
b. Px/Py
c. income
d. income/Py
e. MUx/Px
2. If the composite good convention is adopted so that expenditure on all other goods is measured on the vertical axis, then the vertical intercept for the budget line is equal to
a. the price of good X
b. $1
c. the amount of money the consumer chooses to spend on good Y
d. the consumer's budget or income
e. $1 / price of good Y
Suppose today a 10 percent bond sells at par. Two years from now, the required market return on the same bond is 8 percent. What is the coupon rate on the bond then?
The set-up cost per lot is estimated to be $40, and the manufacturing cost has been established at $5.20 per unit. Interest, insurance, taxes, space, and other holding costs are $3.10 per unit per year. Calculate the economic manufacturing quantit..
Calculate the equilibrium level of income or real GDP for this economy. b. What happens to equilibrium Y if I changes to 10? What does this outcome reveal about the size of the multiplier?
Compute new supply of $ at each exchange rate and graph the new supply curve.
Consider the costs for the following lobster producing firm in a perfectly competitive market: TC=80+10q+q^2 & MC=10+2q. From the total cost function(TC) derive the average total cost(ATC), average variable cost(AVC) and average fixed costs(AFC) func..
Assume that the demand curve for DVD players shifts to the left and the supply curve for DVD players shifts to the? right, but the supply curve shifts more than the demand curve.
Uncertainty and Insurance: You own a house and have a utility function equal to in which x1 represents your total wealth in a state of nature in which your house is still standing, and x2 represents your total wealth in a state of nature in which you..
According to the quantity theory, money in the long run affects: According to the principle of monetary neutrality: When inflation turns out to be higher than expected, borrowers will be ________ off, and lenders will be ________ off. The quantity th..
Graph the following indifference curves for the given utility levels: U (x,y)= min {3y,x} for U= 3, 6, 9, 12, and 15 (what kind of relationship exists between these good? Substitutes, complements?
Italy and France both have the resources to produce bread and wine. If Italy devoted all of its resources to either product, it could produce 150 gallons of wine or 600 loaves of bread in a given month. Draw a production possibility curve for each co..
Go to the following website and read the article about budgeting in a small business. The article talks about six basic steps to a better business budget.
Suppose a manufacturer estimates its marginal cost at $1.00 per pack, its own price elasticity at -2, and sets its price at $2.00. The company's settlement obligations are expected to raise its average total cost per pack by about $.60. What effec..
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