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Mathematical Analyses of the Law of Supply and Demand
Suppose the supply of good X is given by Qsx = 10 + 2 Px . How many units of good X are produced if the price of good X is 20?
Suppose market demand and supply are given by Qd = 100 - 2P and Qs = 5 + 3P. The equilibrium price is:
Suppose market demand and supply are given by Qd = 100 - 2P and Qs = 5 + 3P. If a price ceiling of $15 is imposed,
Suppose the market supply for good X is given by QXs = -100 + 5PX. If the equilibrium price of X is $100 per unit then producer surplus is?
Suppose you are provided with the following production relationships, where the input is fertilizer (pounds per acre) and the output is rice (cwt per acre). Using graph paper, please graph AVP, MVP, and MFC
Assess the degree of difficulty associated with measuring marginal revenue product for each of the following occupations.
What elasticity of demand did the Village Administrator seem to assume here in his prediction for 1970- 1971? Compute the approximate elasticity of demand (round off, two decimal places is close enough).
Elucidate why intermediate goods and services usually are not included directly in GDP. Are there any circumstances under which they would be included directly.
Auger busy in a promotional campaign costing $60 million this year, its annual after-tax cash flow over the next five years will be.
Assume you are a stock market analyst specializing in the stocks of theme parks, and you are examing Disneyland's stocks.
Discuss the evolution and responsibilities of the Federal Reserve System. What circumstances promulgated both the development and composition of the system?
Assume you want to hedge a $400 million bond portfolio with a duration of 4.3 years using 10- year Treasury note futures with a duration of 6.7 years.
Discuss the determinants of varying levels of income. What factors determine a person's wages. In your opinion, do these qualifications always hold true.
Show that, with a linear demand curve, the imposition of a per-unit tax on a monopoly will cause price to rise by less than the tax. Would this be true for a constant elasticity demand curve?
Show how to find equilibrium in an RC model? What is the relationship between the marginal rate of substitution between leisure and labor and the marginal product of labor in the RC model.
Explain how does the Central Bank measure the money supply in the contary. Does the Central Bank have an interest rate policy.
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