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. 2. (i) Production function for a firm is given by
Q = L+K+LK
where Q denotes output; Land K labour and capital inputs.Wage rate and rental rate are given by w and r respectively.
(a) Show where or not above production function exhibits diminishing marginal productivity of labour.
(b) Determine nature of Return to Scale as exhibited by above production function
(c) Using Lagrangean Multiplier method, calculate least cost combinations of labour and capital and resulting long run total cost function for above production function. Explain economic significance of Lagrangean Multiplier and calculate its value.
(d) Using above cost function, calculate numerical value of long run total cost when Q =224, w = 16 and r = 144.
By what reasons financial crisis as well as either United States is going in right-wrong direction among its present strategies.
Illustrate what is the minimum price necessary for the company to supply one thousand cups.
Suppose current interest rate is 5% and you pay $250 for a bond. How much should bond pay you in one year.
Caught up in broad social and economic disaster that swept the Mediterranean basin during the twelfth century BCE, what seems to have happened to the civilization of people.
discuss the major types of financial intermediaries in the U.S. and illustrate the differences in the way assets and liabilities are recorded on their balance sheets
the set of efficient trades these individuals would rationally make. One of the points on the set of efficient trades you illustrated in your diagram will be a competitive equilibrium.
Suppose that Jenny is the only consumer in the antique car market. Her willingness to pay for an antique car is $200,000. Based on Jenny's willingness to pay, plot her demand schedule in the graph below using the blue points (circle symbol). Line ..
Elucidate what the equilibrium interest rates for the federal funds rate the government bond rate also the private bond rate are also Illustrate what the equilibrium level of income is.
Consider what you have learned about the root causes, as identified by leading economic thinkers and policymakers.
Elucidate each event whether it changes short-run aggregate supply, long-run aggregate supply, aggregate demand, or some combination of them.
Oil and gasoline prices are a concern in the United States. Why does this economic problem exist from a supply and demand perspective, what can be done to improve resource allocations.
Finds in a simple regression analysis which demand increases with an increase in advertising also falls as advertising expenditures are reduced.
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