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!
Q. Assume a consumer has $600 to spend on two goods, Good X as well as Good Y. The cost of Good X is given by PX = $20. The cost of Good Y is given by PY = $15. Graph the consumer's budget constraint. Please put the quantity of Good X on the horizontal axis, as well as the quantity of Good Y on the vertical axis. Be sure to label your graph carefully as well as accurately. What is the slope of the budget constraint?
Assume a consumer's partiality can be represented by the utility function U(X,Y) = X*Y. Also, Assume the consumer has $150 to spend as well as the cost of Good X is PX = $2 as well as the cost of Good Y is PY = $3. If the consumer maximizes their utility subject to their budget constraint, how much of Good X as well as Clarify how much of Good Y will the consumer purchase?X* = Y* =
China has continued to lag well behind the rest of the world in information technologies
Discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a better investment opportunity for some people.
Determine the new equilibrium price and quantity and how much tax revenue does the government earn with $6 tax.
Explain what occurs when a new technology makes another one obsolete in terms of economic profit.
Provide a rational for why you feel the new target market and pricing strategy would be successful and the likely impact to the profitability of the firm.
Alex's Furniture Mart produces and sells tables in a perfectly competitive market. When Alex's Furniture Mart produces and sells 250 tables.
Evaluate Rusal's prediction by using the demand and supply equations to make a prediction about the movement of world aluminum price.
Hero Nakamura is CEO of the Cola King Bottling Company a small regional producer operating in the Pacific Northwest. Nakamura is considering two alternative expansion proposals
Suppose that in the 1990's, the average retail price of a roll of Kodak film was $6.95 and that Kodak's marginal cost was $3.475 per roll. Based on this information, discuss industry concentration.
If the company has not paid dividends, discuss why think the company is not paying dividends or whether they should consider adopting a dividend policy.
What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit.
The Australian government administers two programs that affect the market for cigarettes
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