For Livia, coffee and tea are perfect substitutes: One cup of coffee is equivalent toone cup of tea. Suppose Livia has $90 per month to spend on these beverages, and coffeecosts $0.90 per cup while tea costs $1.20 per cup. Find Livia's best affordable bundle of tea and coffee. How does the equilibrium condition differ from the condition we derived in lecture for the "typical" case? How much could the price of a cup of coffee risewithout harming her standard of living?

Write a piecewise definition of the charge : Telephone rate. A second long-distance telephone service charges $0.09 per minute or fraction thereof for calls lasting 10 minutes or more and $0.18 per minute or fraction thereof for calls lasting less than 10 minutes. |

Prepare a production cost report for the month of august : Aussie Yarn Co. is a U.S. producer of woolen yarn made from wool imported from Australia. Raw wool is processed, spun, and finished before being shipped out to knitting and weaving companies. |

Use the best numerical method to determine : A transportation engineering study requires that you determine the number of cars that pass through an intersection traveling during morning rush hour. You stand at the side of the road and count the number of cars that pass every 4 minutes at sev.. |

Identify the sensitivity ranges for the right hand values : Identify the sensitivity ranges for the right hand values of the first and third constians |

How does the equilibrium condition differ from the condition : Find Livia's best affordable bundle of tea and coffee. How does the equilibrium condition differ from the condition we derived in lecture for the "typical" case? How much could the price of a cup of coffee risewithout harming her standard of livin.. |

How fast is the distance between the ships : At noon, ship A is 60 km west of ship B. Ship A is sailing south at 15 km/h and ship B is sailing north at 5 km/h. How fast is the distance between the ships changing at 4:00 PM? (Round your answer to one decimal place.) |

What is the probability of choosing a purple card : In one town 76% adults have health insurance. What is the probability that 8 adults selected at random from the town all have health insurance? |

Explain two-tiered declining block method : Given that an individual has paid the initial minimum charge, do you expect her to consume less than the amount to which the minimum charge entitles her? To answer this question properly, you need to superimpose some indifference curves on the sam.. |

Find the present worth of the profit at an interest rate : If this year's profit (end of year 1) is expected to be $6,000 and the profit trend continues (i.e. the profit at the end of year 2 is $7,200 and so on) for four years, find the present worth of the profit at an interest rate of 9% per year. |

## How much would competitive firm produceHow much would this competitive firm produce and sell when the price of the good is $3 and what would be the total profit (total revenues minus total cost) made by the firm if the price of the good is $3? |

## Explain quantity theory of moneyUsing the Federal Reserve's report (see link below) on Money Stock Measures for June 7, 2012 determine the growth rate of the Seasonally Adjusted M1 Money Supply between January 2011 and January 2012. |

## Cost of construction for the firmAssume that a union's target is to maximize total wage income received by union workers, namely, the average union wage times the number of union workers employed. |

## Determine market structure of low-calorie food companyDetermine the market structure in which the low-calorie food company operates and analyze short-run and long-run production and cost functions. |

## Computing profit maximizing price and output levelDerive the profit maximizing price and the profits at this price. What is the demand elasticity at this price? What is the total demand when the monopolist charges a price P? |

## Methods of internal rate of returnWhat is the machine's payback period? Compute net present value of machine if the cost of capital is 12%. Find out the expected internal rate of return for this machine? |

## Pros and cons of making the decision to buy a new carDiscuss all of the Pros and Cons of making the decision to buy a new car and we require to consider about macro & microeconomics and any other psychological, sociological or business concepts that may affect the decision. |

## Computing optimal profitsCompute the best response function of each firm in terms of prices. Compute the resulting equilibrium price quantity combination for each firm. Describe your answer with a suitable graph. Also calculate optimal profits of each firm. |

## Computing the concentration ratioIndustry structure is often examine through computing the 4-company Concentration Ratio. Assume you have an industry with 20 firms and the CR is 30 percent. |

## Calculate the profit maximizing output)Determine the range of prices for which the firm earns a profit. 3) Calculate the profit maximizing output and the resulting profit when price is $101. |

## Economic issues represented by the topicsThe article must be representative of the economic issues represented by the topics or focus. The article review must include a brief summary of the facts in the article using economic terms. |

## Herfindahl index on hypothetical mergerThere're 10 auto firms in this problem each showing their market share percentage (US auto industry). The proposed merger involves Ford 22% and BMW 1%. |

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