Q1 the third largest city of a country has a population of

Assignment Help Business Economics
Reference no: EM13353070

Q1. The third largest city of a country has a population of 12.5 million. Using the ranksize rule, what is the population of the 12th largest city?

Q2. 3. A customer must divide $250 between the consumption of product X and product Y. The market price for X = $5 and market price for Y =$10. A) Show how the consumer's option change when the price of good X increase to $10. B) How does this change alter the market rate of substitution between good X and good Y.

Reference no: EM13353070

Questions Cloud

This question uses the general monetary model where l is no : this question uses the general monetary model where l is no longer assumed constant and money demand is inversely
Q1 a heterozygous but phenotypically wild-type fruit fly : q1. a heterozygous but phenotypically wild-type fruit fly gray body colour and normal wings was mated to a black fly
Q1 consider the firm with a single factor of production : q1. consider the firm with a single factor of production defined implicitly by the relation z q3 4q where z is the
Q1 the gas with an initial volume of 240l at the pressure : q1. the gas with an initial volume of 24.0l at the pressure of 565mmhg is compressed until the volume is 16.0l what is
Q1 the third largest city of a country has a population of : q1. the third largest city of a country has a population of 12.5 million. using the ranksize rule what is the
Mechanical engineer who recently graduated with a masters : mechanical engineer who recently graduated with a masters degree is contemplating starting his own commercial heating
Assume an urban clusters income i is given by the function : assume an urban clusters income i is given by the function i4n-0.05n2 where n denotes the clusters population in
A friend of yours is considering two cell phone service : a friend of yours is considering two cell phone service providers. provider a costing 120 month for the services
A change in populationassume a one-time decrease in : a change in populationassume a one-time decrease in population possibly caused by an onset of disease or a sudden

Reviews

Write a Review

Business Economics Questions & Answers

  What would the supply of labor curve which look like

What would the supply of labor curve which look like over this range of wages.

  Number of labor hours increases

If the number of labor hours increases by 10% and the number of hours of capital used decreases by 10%, what is the percentage change in output.

  What single amount on jule is equivalent

Each cash flow is equal to $128,000. The nominal interest rate is 12% compounded semi-annually. What single amount on Jule 1, 2015 is equivalent to this cash flow system?

  Agreement was unenforceable

Population growth in developing nations has proceeded at unprecedented rates ower the past few decades.

  What was the flotation cost as a percentage of fund raised

The initial offering price was $34.40 per share, and the stock rose to $41 per share in the first few minutes of trading. Bostitch paid $905,000 in legal and other direct cost and $250,000 in indirect costs. What was the flotation cost as a perce..

  Compute the standard deviation of the returns on the portfo

Compute the expected return on portfoliob) compute the standard deviation of the returns on the portfolio assuming that the two stocks returns are perfectly positively correlatedc) compute the standard deviation of the returns on the portfolio assumi..

  Why should this policy be undertaken at some gdp level

Why should this policy be undertaken under conditions where economy is at some GDP level less than full employment level? You may use a long run aggregate supply curve to bolster your argument here.

  What is his budget constraint in terms of consumption

What is his budget constraint in terms of Consumption and Hours Worked. Draw his budget constraint on diagram. Now draw several indifference curves and indicate utility maximizing level of Hours worked and Consumption.

  Illustrate what and how much will be the profit-maximizing

If columns (1) and (3) of the demand data shown above are this firm's demand schedule, Illustrate what and how much will be the profit-maximizing level of output for the firm.

  How market equilibrium price of oranges is determine

Assuming oranges operate in a perfectly competitive market, use a well-labeled demand and supply model to explain how market equilibrium price of oranges is determined.

  Demand for its fine owner selected

A winery estimates that the demand for its fine Owner's Select, has an income elasticity of 2, where income refers to the income per capita of its customer base.

  Q1 why would the following investment expenditures increase

q1. why would the following investment expenditures increase as the interest rate declines?a. purchases of a new plant

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd