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!
1. Water is produced and sold by the government. Demand for water is represented by the linear func-tion Q=50-2P. The total cost function for water production is also a linear function: TC(Q) = 100 + 10Q. a. Show and explain how much the government should charge per unit of water to reach efficient allocation? b. Show and explain how much the government should charge if it wishes to maximize profit from the sale of water? What are profits? c. What is the value of the efficiency loss that results from charging the profit maximizing price in part "b" rather than the price determined in part "a".
Consider the market for ipods. The government decides to impose a price ceiling on ipods. You are told that this is an effective price ceiling. Describe what would make this an effective price ceiling.
select one of the following companiesmiddot pepsi-cola companymiddot wal-mart stores inc.middot
Find consumer'sA utility maximizing combination of Qax and Qay. At this point compute the level of utility enjoyed by consumer A.
in 2008 the debt of canadian households rose much faster than their wealth as stock markets corrected and the
wageweb conducts surveys of salary data and presents summaries on its website. based on salary data as of october 1
supposed that firms only variable input is labor when 50 workers are used the average product of labor is 50 and
given the following demand functionq 2.0 p-1.33 y2.0 a0.66where q quantity demanded thousands of unitsp price unity
In using game theory, both parties have dominant strategies that lead to a best case for each individual. However, these decisions result in a worst case for the combination of the two. Discuss ways that each party can achieve a better solution.
A printer's wage rate is $20, and the price of a printing press is $5,000. The last printer added 20 books to total output, while the last press added 1,000 books to total output.
Governments routinely alter their spending patterns to impact the economy, particularly as they relate to GDP growth and unemployment levels. Explain what effect an expansionary fiscal policy would have on the price level and real GDP starting fro..
A museum increases its admission price by 10 percent. As a result, total revenues increase by 10 percent. the price elasticity of demand for admission is?
1. in 2010 the box industry was perfectly competitive. the lowest point on the long-run average cost curve of each of
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