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!
A firm produces two products, X and Y. The production technology displays the following costs, where C(i,j) represents the cost of producing i units of X and j units of Y:
C(0,50) = 200 C(5,0) = 30
C(0,100) = 300
C(5,50) = 220
Does this production technology display economies of scale? Of scope?
Suppose the real wage remains unchanged between year 1 and year 2 but the nominal wage increases from $20 to $24.Based on this information, we can conclude that the price level has:
In the consumption savings model, suppose that we have a representative consumer and his utility is given by U(c, c') = min {c, βc'} The budget constraint for the consumer is c + s = y - t second period budget constraint is c'= y' - t' + (1 + r)s. Fi..
Suppose there are two countries Home and Foreign. They have two factors of production, labor and capital. Using production possibility frontier for both countries show that at the same ratio of relative consumption of aircraft to cloth (Da/Dc) in two..
Consider a good whose consumption takes place publicly. On what factors would your decision to buy that good depend.
1. In the market for a particular good, at a price of $26, the quantity demanded is 300 and the quantity supplied is 450. Which of the following is true?
The market demand for another product you are considering selling is Q(p) = 100 ? (1)p and as the 2. only producer of this product your production costs would be C(Q) = 40Q. You learn of a second firm wishing to enter this market. If you were to perf..
What is the process by which a recessionary gap closes itself? Explain. Why might this self-correcting mechanism work slowly in the face of a recessionary gap?
Explain how firm could employ computed elasticities in its pricing and marketing decisions. Which of se variables have statistically significant relationships with sales.
Consider the following sequential ZSG. First, nature chooses heads or tails, each with probability one-half. Player 1 then sees nature’s choice, and chooses heads or tails. Player 2 then sees player 1’s choice but not nature’s choice, and chooses hea..
Project ABC requires a $22,382 expense every third year forever, with the first expense occurring at EOY 3. What is the capitalized worth of Project ABC is t=15% annually?
In year 1 and year 2, there are two products produced in a given economy, cars and beef. Suppose that there are no intermediate goods. In year one, 200 cars are produced and sold at $15,000 each, and in year two, 250 cars are sold at $16,000 each. Ca..
Brian and Julie are the only people in town that like apple pie. Brian's demand is given by the equation P = 10 - 2Q, and Julie's demand is P = 10 - Q. 41. What is the total town demand? Suppose Eric moves to town. His demand is given by the equation..
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