User Account

All Pages

By consumer surplus-economists mean

Assignment Help Macroeconomics
Reference no: EM131040002

By consumer surplus, economists mean:

a) the difference between the maximum amount a person is willing to pay for a good and its market price.

b) household saving Y-T-C.

c) the area inside the budget line.

d) the area between the average revenue and marginal revenue curves.

Reference no: EM131040002

Questions Cloud

Possible combinations of two products : What is A graphical representation that shows the possible combinations of two products that an economy can produce, given that its productive resources are fully employed and efficiently used?
What macro-environmental factors external to the company : What macro-environmental factors external to the company should Southwest Airlines be most concerned about? How do these factors affect Southwest Airlines? Explain.
Regard to stocking lifesaving medicines-short shelf lives : The Wayne Hills Hospital in tiny Wayne, Nebraska, faces a problem common to large, urban hospitals as well as small, remote ones like itself. The problem is deciding how much of each type of whole blood to keep in stock. Discuss the implications of t..
How much money does sharon need now to fund her travels : After speaking with a number of banks, Sharon learns she will only be able to invest her funds at 6%. How much does she need now to fund her travels?
By consumer surplus-economists mean : a) the difference between the maximum amount a person is willing to pay for a good and its market price.
Blue chip growth stock mutual fund : The manager of a blue chip growth stock mutual fund is trying to fully hedge the $650 million portfolio position during the last two months of the calendar year. the current price of the S&P 500 Index futures contract is 1200. If the mutual fund h..
Analysis of the british economist : According to the analysis of the British economist John Maynard Keynes,...
Computer fraud can affect any business : Computer fraud can affect any business. Firms like Target & Home Depot have felt the wrath of computer fraud. Even the Federal Government is not immune from outsiders breaking into systems and compromising data. To support your response, perform a se..
Utility-maximising consumer : A utility-maximising consumer changes their spending for goods X and Y so that:

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd