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Q. Cournot monopolists every with production function q = K1/4L1/4 hire labour also capital competitively at PK = $1 also PL = $1.Marketplace demand is P = 24 - Q. Every industry must pay a fixed fee of $20 to enter the industry. Compute the equilibrium number ofIndustries. Also Compute equilibrium o/p, price, labour demand, capital demand also profits. No diagram is required.
Q. By how much will total economic surplus change if the city council passes a law requiring employers to include full reimbursement for rhino pasties in their workers' health coverage?
Be sure to label your graph carefully as well as accurately. What is the slope of the budget constraint.
Calculate the optimal money growth rate needed for the Fed to hit its inflation target in the long run.
If lots of people want Euros also Euros are in short supply also a few people want Japanese yen also yen are in plentiful supply the euro is likely to.
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Assume to you live in a simple economy in that only three goods are produced also traded: fish, fruit also meat. Illustrate what additional information might you require constructing your measure?
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Coke could have followed the price per unit down, but it didn't. Total soft drink demand increased, and Pepsi took a larger share of the demand.
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A woman managing a photocopy establishment for $25,000.00 per year decides to open her own duplicating place.
This change undermines the marketplace for the replacement which is about twice the size of the marketplace for T3MP.
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