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!
1. Derive the fundamental equation of the Solow model
2. Country A as well as country B both have the production function
a. Does this production function have constant returns to scale? Clarify.
b. What is the per-worker production function, y = f(k)?
c. Assume that neither country experiences population growth nor technological progress as well as that 5 percent of capital depreciates each year. Assume further that country A saves 10 percent of output each year as well as country B saves 20 percent of output each year. Using your answer from part (b) as well as the steady-state condition that investment equals depreciation, finds the steady-state level of capital per worker for each country. Then find the steady-state levels of income per worker as well as consumption per worker.
A pharmaceutical firm faces monthly demands in the U.S. and Mexican markets for one of its patented drugs.
If the market price of the product is 270, how much output should the firm produce in order to maximize profit. How much profit will this firm make.
Evaluate Rusal's prediction by using the demand and supply equations to make a prediction about the movement of world aluminum price.
The equations representing demand as well as, inverse demand as well as, supply as well as inverse supply are as follows.
Analyze the impact of this floor on price, quantity demanded and supplied. Would this price floor create a surplus or deficit of this product in the market?
Solve for steady-state level of captial and output. What savings rate would be necessary to achieve a steady-state output of 150.
Assume an endogenous growth model with labour augmenting technology.
Suppose that these cost figures accurately refl ect the economic costs of providing inpatient services at these two hospitals and that the two hospitals face the same average total cost curve.
Youngstown sold most of its output in the Midwest. Was this fact relevant.
They could each decide to work a few extra hours on Saturday and earn more income. But they choose to play tennis or to relax around the house.
Suppose each of the five sellers can supply at most one unit of the good. Elucidate the price when market quantity supplied is exactly 3.
Idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
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