Solve given case problem related to the population growth

Assignment Help Microeconomics
Reference no: EM131634241

Question: Population growth: Suppose the world population today is 7 billion, and suppose this population grows at a constant rate of 3% per year from now on. (This rate is almost certainly much faster than the future population growth rate; the high rate used here is useful for pedagogy. If you like, you can use a spreadsheet program to help you with this question.)

(a) What would the population equal 100 years from now?

(b) Compute the level of the population for t = 0, t = 1, t = 2, t = 10, t =25, and t = 50.

(c) Make a graph of population versus time (on a standard scale).

(d) Now make the same graph on a ratio scale.

Reference no: EM131634241

Questions Cloud

Probability of finding an apartment : What is the probability of finding an apartment with a monthly rent less than $850?
Build on the research and evaluation skills : BUS100 - Identifying research which discusses the question in general terms - compare and contrast what different authors say
Discuss about the costs of economic growth : The costs of economic growth? In addition to the benefits of economic growth, there are also potentially costs. What are some of these costs?
Provide the historical perspective of the policy : Provide the historical perspective of the policy from Assignment 1. Describe the official and unofficial actors of the policy from Assignment 2.
Solve given case problem related to the population growth : Population growth: Suppose the world population today is 7 billion, and suppose this population grows at a constant rate of 3% per year from now on.
What are the two variables in study : You read a report saying that people who buy antiques online tend to be more highly educated than people who buy antiques at live auctions.
Find the mean-median and mode : A simple random sample of pages of my dictionary was collected. These are the number of words defined on each page. Find the mean, median, and mode.
Define what are the relevant ethical considerations : Make a case for whether a computerized version of that assessment tool could be used in the scenario that you covered
Compute bank balance for the given time periods : Compute your bank balance for these time periods assuming the interest rate is 1%.

Reviews

Write a Review

Microeconomics Questions & Answers

  Wealth and housing possibilities after housing prices fall

If I spent all my money ($450,000) on a new house I could buy a house with 4500 square feet. I settle for a 1500 square foot house. (Each square foot costs the same.) The day after I close the deal a nearby nuclear power plant is condemned and the va..

  Explain is this policy feasible if so determine mu the per

assume that government debt in period -1 is zero b-1 0. assume that the country runs a positive primary deficits def

  Bramble ltd makes 2 different types of boots premier and

bramble ltd makes 2 different types of boots premier and champion each using the same leather and the same skilled

  What is the equation for the new line

Suppose you are given a line described by the equation y = 100 - 2x and you are told that the x value has increased by 50 units at every y value. What is the equation for the new line? Show your work

  Is this model consistent

Consider the following model suggested for a commodity Qd = 2000 - 300 P , Qs = -4000 + 500 P . Is this model consistent?

  Find the opportunity cost of 1 s in both the us and japan

Draw the PPF - Find the equation of the PPF and Find the opportunity cost of 1 S in both the US and Japan.

  What is expected value of typical film under blind bidding

Could a distributor increase its expected revenue by selectively screening only its best films but making the bidding on the rest of the films blind?

  Explain briefly the nature of the regulation

Pick some current or historical regulation. Explain briefly the nature of the regulation. What are the laws, agencies, etc.? Explain the rationale for the regulation, what the sponsors of the regulation said they wanted to achieve.

  Determine the capital recovery cost of the jet

A corporate jet costs $1,350,000 and will incur $200,000 per year in fixed costs (maintenance, licenses, insurance, and hangar rental) and $277 per hour in variable costs (fuel, pilot expense, etc.).

  Increased the monopoly power of cell phone providers

Regulations created some years ago allow cell phone customers to keep the same phone number even when they switch to a different provider. This change:

  Economic analysis of events

Levi Strauss successfully markets Levi jeans on the History channel as a way for older men to stay young forever. What will happen in the jeans market ceteris paribus?

  Discuss compensation and benefit issues associated

With that as a background, discuss compensation and benefit issues associated with the following workers: part time, temporary, independent, and flexible/telecommuting.

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