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 family of five brothers namely (Ade, Bode , Clement, Diran and Effiong) runs the business of their late parent. By agreement, they collectively take decision based on majority as to what job to take or not. A private company (P) offers the family business a job, whose pay depends on certain conditions. They all agree that if they take up the job, there is a 25% chance they will succeed and make N4000 for the company, a 35% chance they will earn N1000 and a 40% chance that they earn nothing. If they take up the job, they must forgo another offer from a government enterprise (G) in which they believe that they will earn N2000 with certainty. Assume that:
Ade has utility function U(X) = X2 , Bode has utility function U(X) , Clement has utility function U(X) = X4/5, Diran has utility function U(X) = X1/2, Effiong has utility function U(X) = X1/4, where X is the total amount of money taken by the family business.
If velocity is unchanged and the money supply grows by 13% and the real GDP grows by 4%, what is the rate of inflation?
Testifying at a price fixing trial involving Cargill Corp. and the market for chicken growth hormone, (in which the Cargill is one of only three firms worldwide), an executive for Perdue said
The inverse demand for a homogeneous-product Stackelberg duopoly is P = 16,000 - 4Q. The cost structures for the leader and the follower, respectively, are CL(QL) = 4,000QL and CF (QF) = 6,000QF. a. What is the follower's reaction function
The government finances its purchases through lump-sum taxes on consumers, where T denotes total taxes, and the government budget is balanced every period, so that G = T. The solution for steady state capital per worker k.
If a firm has created value is it also always able to capture that value How does a firm create value and then what must it be able to do to capture that value In your answer provide an example of a firm that has been able to create value.
Can you see why, if price is set by the market, and the firm's marginal cost curve slopes up as a function of quantity, this rule tells the firm which quantity to produce in order to maximize profits. What is the shutdown rule for a perfectly compe..
a. What is the externality here? b. What command-and-control policy might the landlord impose? Could such a policy lead to an inefficient outcome?
Consider an economy that is operating at full employment equilibrium. Graphically illustrate the effect of an increase in government spending (G) on the price level and the level of GDP in the short run.
Following are observations on the market price and the quantity of good X produced and consumed in three different years: $10 and 100 units, $4 and 57 units, and $8 and 88 units. Can we conclude that the market demand for X slopes upward?
while a dairy farmer has a horizontal demand curve? What other suppliers might face a downward-sloping demand curve and what implications does this have for their advertising budget as compared to suppliers with horizontal demand curves?
the issue of separating out the effects of price on the quantity demanded when supply cannot be not held constant. the issue of having insufficient variation in prices.
you have been hired by nobody state university nsu as a consultant to help the university with how to increase their
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