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!
The Case:Palm oil industry is rapidly growing in Indonesia and Malaysia. Both of these countries are the largest supplier of palm oil in the world. 90% of the total palm oil inventory is produced by these countries. Pakistan, China, India, European Union and United States are the major importer of Malaysian palm oil. Palm oil is used for cooking purposes, for making margarine and it is also used in non-dairy creamers and ice cream. World demand of palm oil has significantly risen during last six years. In 2008, palm oil prices increased above the $1000 per metric ton and in 2011, these prices were $1200. After this, decline in palm oil prices started and in September 2015, these prices settled at $483 per metricton. There are many factors which affect the demand of palm oil like consumer income, price of other oils etc. Suppose the demand and supply equations of palm oil are given asfollows:Qs = 12000 + 50PQd - 30PRequirement:a) Find the market clearing level of quantity and price of Palm oil.b) Show the market equilibrium condition graphically.c) If P = $350 per metric ton then how much amount of shortage or surplus would occur?d) Find out the price elasticity of demand and price elasticity of supply of palm oil at equilibrium price and quantity.
What is the relationship between productivity and the cost of production, and how does the cost of production vary over the short- and long-run?
How many spaghetti dinners should the firm make each day and what if the firm has avoidable fixed costs of $1562.50?
What would the number of paying patients and federally funded seniors be if the federal funding agency raised its rate to $120 per treatment?
Find the level of output q that will maximize the firm's total revenue. Also, compute the maximum amount of total revenue received by the firm.
Effects of wage stickiness and the shape of the aggrate supple curve,effect of expectations on aggragate demand. Phillips Curve, natiral rate of unemployment, expacted inflation , the relationshipe between AS-Ad and the Phillipe Curve.
You will develop an in-depth look at a career or college major, concentrating on what is needed to achieve this career, the nature of the work, and the impact that can be made from this work.
on a graph this is demonstrated by a series of hills and valleys corresponding to the expansion and contraction of
question 1your boss who is the general manager of the pontiac rangers an adequate aa baseball team has heard that you
Consider a N firm homogenous good oligopoly with constant marginal cost, which is the same for all firms. Assume that the N firms form a collusive agreement to produce monopoly output levels as long as no cheating is observed.
One would expect traditional expansionary monetary and fiscal policies to be more than minimally effective in terms of curing, or at least mitigating against:
The vertical portion of the aggregate supply curve shows that at full employment an increase in the price level will:
A firm has the following short run production function Q = 45L2.5 - 4L3- Write the equations for the marginal and average product of labor.
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