User Account

All Pages

Affordable set of goods and services for the consumer

Assignment Help Macroeconomics
Reference no: EM131159878

1. Affordable set of goods and services for the consumer is bounded on which side of the the budget line?

2. State the assumption of the ordinal utility?

3. State the law of budget constraint?

Reference no: EM131159878

Questions Cloud

What is the estimated alpha for fund abc : (a) What is the estimated alpha ( ) for Fund ABC? Given the data in question (a), what is the estimated beta ( ) of Fund ABC? What is the nearest value to the standard errors of the estimated CAPM alpha ( ) of Fund ABC.
Impact on quantity of one price or income change : When all variables are changing simultaneously, is it correct to conclude that the impact on quantity of one price or income change is a true measure of responsiveness or elasticity? Explain your thought on this.
Why is it a good idea to make the components of the drive : Even though energy is conserved for the system, why is it a good idea to make the components of the drive mechanism as light as possible (with the exception of the flywheel)?
Ethical issues relating to marketing and advertising : Research three to five (3-5) ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety and examine whether PharmaCARE violated any of the issues in question
Affordable set of goods and services for the consumer : 1. Affordable set of goods and services for the consumer is bounded on which side of the the budget line? 2. State the assumption of the ordinal utility?
Analyze the likely contributory factors : Analyze the proposed solutions and determine the advantages and disadvantages of each. Consider the tradeoffs that may be necessary in order to implement the solutions. Also consider any possible unintended consequences or ramifications associated..
About the monetary policy : Bank of Canada sets monetary policy to try to achieve an annual 2% increase in consumer price index. Is the CPI a good index of your cost of living? Why or why not? is there a better measure of the cost of living?
How to maximize profit in perfect competition market : How to maximize profit in perfect competition market? Can firm sustain loss? why?
Explain the employment-at-will doctrine discussed : Summarize the employment-at-will doctrine discussed in the text and then evaluate three of the six scenarios described by determining: Whether you can legally fire the employee; include an assessment of any pertinent exceptions to the employment-a..

Reviews

Write a Review

Macroeconomics Questions & Answers

  At what rate of interest does the liguidity trap emerge

Rate if investment (billions)$12 $12 $15 $16 $17 $17 $17 (a) At what rate of interest does the liguidity trap emerge?

  What is your short-run mpc

Suppose that permanent income is find outd as the average of income over the past five years; that is Yp=(Y1+Y2+Y3+Y4+Y5)/5. Suppose further that consumption is given by C=0.9YP.

  Susan begins to examine shifts in demand for shoes

Susan begins to examine shifts in demand for shoes. She discovers that as the population increases then it is likely that there will be a shift in demand to the right for shoes. She also discovers that when there are more houses being built, sometime..

  Difference among inflationary gap also deflationary gap

Discuss the difference among inflationary gap also deflationary gap.

  Depends on two commodities

Q1. Joan's utility depends on two commodities: her view of the sea and wine. Her utility function is:

  Find the total revenue of the farmers

Find the equilibrium - To reduce the sale of cigarettes to 10 million packs, how large will the excise tax need to be - Find the Total Revenue of the farmers.

  Prepare research on quantities of specific goods and service

As an employee of the World Bank, you have been asked to research 1 economic concern in a South American country and write a report on your findings.

  Successful sports league in north america

Explain the changes that took place to the NFL during the years in which Pete Rozell was Commissioner. Further explain why those changes caused the NFL to become the most successful sports league in North America.

  Describe the characteristics of the lattice organization at

describe the characteristics of the lattice organization at w.l. gore as described by gary hamel? which elements in

  What is the difference in marketing strategy

Pick two similar small businesses in the same industry with which you are familiar, one successful and one not so successful. Describe them in a post, and compare and contrast these businesses. What is the difference in management style between the..

  How much would wages have to rise to raise employment

Do workers choose to work more because wages are temporarily high and do workers choose to work less because wage are temporarily low? This is key to the "intertemporal substitution" story of this chapter. The following chart shows how much wages ..

  When is a policy said to be time inconsistent

Explain why the FOMC opted to include language about the specific level of unemployment it wants before it might consider possibly increasing the Federal Funds rate. What is the expected benefit, and what might be the cost?

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd