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Question: 1. If y = (6x + 7)0.5(2.6x2 - 1.9), what is dy/dx?
2. What output will maximize total revenue given the non-linear demand schedule p = (60 - 2q)1.5?
3. Derive a function for the marginal product of L given the production function Q = 85(0.5K0.8 + 3L0.5)0.6
If Q = 120K0.5(250 - 0.5K)0.3 at what value of K will dQ/dK = 0? (That is, find the first-order condition for maximization of Q.)
Markets have been present to some degree throughout history, but market society is fairly recent. What does Varoufakis argue was necessary for the development of capitalism and modern economic analysis?
What should have happened to the risk premium on Ukrainian government bonds after Russian troops invaded the Crimea in Late February? You need graphs and a brief written explanation to answer this question.
Explain the logic underlying the law of one price and the theory of purchasing power parity. How will a decrease in the federal government's budget deficit affect the equilibrium interest rate in the bond market? Explain using the bond demand and sup..
Find the market demand for ice cream if Travis and Maya are the only two consumers in the market. (Remember, Travis' demand at P = 5 isn't -3, it's 0!) What is the price elasticity of demand when P = 2
We suggested above that an annually increasing renewal fee would be an efficient means of setting optimal patent life. Similarly, suppose that owners who wanted to restrict future use of their property had to pay a fee for each year that the restrict..
Describe the cultural impacts of each organization. Describe the communication flow. Describe the communication barriers that were considered.
What type of company and what is your product or service? Which form of ownership will you use? What are the pros of that ownership? What are the cons?
The population of a town in California is made up of people of two professions: fifty prospectors and fifty streamers. Prospectors dig for gold, and streamers buy stakes in the possible finds. Everyone in town has the same utility of owning gold: U =..
A firm has the following cost function: C = 30 - 14Q + Q2. Derive the firm's supply curve from the total cost function. For a perfectly competitive firm, long-run average cost is: LAC = 300 - 20QF + 0.5QF2, where QF denotes the firm's output. Determi..
The question is explain about non-market housing and direct provision. The most non-market housing is supplied by direct provision rather than cash handouts without strings.
What quantity of output will each firm produce in the long-run equilibrium - How many firms will be in the market in the long-run equilibrium?
It is 1932 and you are an economic advisor to President Roosevelt. what advice would you give the president in light of the economic problems facing the country?
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