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!
Question about Finding Optimum price and output levels
You have an exclusive contract with Major League Baseball to manufacture Dodgers baseball jerseys and sell them in two markets: Los Angeles and Brooklyn. You produce all the jerseys in a single factory located in Seattle. Your total cost function associated with producing the baseball jerseys is c(Q)=Q2+400 where q is the total amount of jerseys you produce. The inverse demand function for your jerseys in Los Angeles is PLA(QLA)=60-QLA where qLA is the quantity of jerseys sold in Los Angeles. The inverse demand function in Brooklyn is PB(QB)=40-2QB. Assume there is no transportation costs.
How many baseball jerseys will you sell in Los Angeles and how many in Brooklyn? What will be the price of your jersey in Los Angeles and what will be the price in Brooklyn? What will be your total profits?
Explain why fiscal policy will be either more or less effective in an economy with a large foreign sector.
When and why were the inflation and unemployment rates negatively correlated? When and why were the inflation and unemployment rates positively correlated?
Use the production possibilities frontier (PPF) to demonstrate economic growth.(Growth and the PPP)
Give three reasons why firms produce in Germany rather than in a lower-wage country.
Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."
Illustrate the position of US economy over the next couple of years using aggregate demand and supply curves if these expectations are to be realized.
P stands for price Pr stands for price of related good also N stands for per capita disposable income.
Elucidate the percentage rate of Full Employment and Inflation that that these two organizations try to keep as its target.
Compute the point price elasticity of demand for bearing grease.
Describe the point price elasticity of demand. What is the new point price elasticity if price is raised.
Is the economy of a big city more competitive than that in a small town or given neighborhood? How? Do you think your local grocer has monopoly power?
Elucidate several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem.
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