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!
Given the table of marginal utilities for CD's and century books, calculate the optimal quantity and total utility at equilibrium.
Quantity per month
MU classical cd's
MU 18^{th} century books
1
90
120
2
20
16
3
12
4
5
8
a) She spends $75 per month. Cd is $15 and books are $15. How many cds and books can she buy each month.
b) Suppose she got a raise and spends an additional $30 a month. How many will she buy each month?
MU classical cds
TU classical cds
TU 18^{th} century books
c) Finish the Table. MU-marginal utility; TU- total utility
d) What is Sarah's total utility at equilibrium?
e) Draw Sarah's budget line for part a and her budget line for part b on the same graph.
f) On the same graph show how sarahs utility changed from part a to part b using indifference curves.
Explain Analysis of the financial statements with comparison of industry averages and prepare a columnar report for the controller of Heartland Inc
To forecast attendance at an yearly tennis tournament a model has been developed that uses attendance from the previous year and the amount spent for advertising this year.
Word problems on exponential function
How would the General Counsel's decision in Part (b) change if the cost of selling the second suit were only $200,000? What if the cost were $900000?
Solve the questions on organizational management and Net operating income is income after interest and taxes
Determine a 5-year annually compounded growth rate of dividends per share for MCD. Does the recent growth in MCD dividends conform closely to the model used in Question 3? Does the disparity raise questions in your mind about the growth assumption..
Forecast the number of deliveries utilizing exponential smoothing constant for different values also compare it. A hospital records the number of floral deliveries its patients receive every day.
Use this information to construct a probability table, and then calculate each of the following probabilities: P(foreign car)
Word problems on quadratic equations
Valuation of stock through dividend model - Using Yahoo!Finance, what is MCD's current annualized dividend amount? When was its last quarterly dividend paid?
The demand function for VCRs has been estimated to be Qv = 123 - 1.7Pt + 46 Pm - 2.1Pv -5M, where Qv is the quantity of VCRs,Pt is the price of a videocassette, pmis the price of a movie, Pv is the price of a VCR, and M is income.
Describe unemployment and the unemployment rate. Might we be able to say "Job Stats: Too Good to be True?"
Suppose two identical firms produce widgets and they are the only firms in the market. Find the Cournot-Nash equilibrium.
Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two years listed.
Problem - Income Elasticity of Demand, Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5
Suppose the ABC Corporation adopts a policy prohibiting its top-level executives, whose compensation packages-Use economic theory to analyze the incentive effects of this prohibition.
Tom have only $60, and he want to spend it all on clothing (X) and food (Y), Price of clothing is $4. Find out the optimal values of both goods (Y*,X*) and Utility?
Compute the total revenue and total economic profit at each level of output. Compute the pizza shop's marginal costs and marginal revenue level of output. What is the profit maximizing rate of output for pizza shop?
Would you rather earn a 4 % nomical or 4% real interest rate? Illustrate by describing the difference between nominal and real variables.
Prepare a table/graph for inflation in "your country" (use North Korea for the country; if no data is available, use India) for about the latest ten year period for which you have data.
We have learnt that in a perfectly Competitive market, all cost savings from a technological advance are passed along to cnsumer in the form of lower prices
Give three reasons why firms produce in Germany rather than in a lower-wage country.
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: info@expertsmind.com
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd