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A parabola may be defined as the set of all points equidistant from a fixed point called the focus and a fixed line called the directrix.
(a) Suppose the focus is located at (0, p) and the directrix has the equation y = -p, determine the equation of this parabola.
(b) Suppose the focus is located at (0, -p) and the directrix has the equation y = p, determine the equation of this parabola.
What is the economic interpretation of suppressing the constant term (forcing it equal zero)? Why does that make sense to do here? Write out the cost function as (Use the numbers from the regression you just ran
The consultants of Allcare Family Clinic (AFC) have determined that if the clinic hires two more practical nurses, without any other changes in its operation, it can increase the number of patients it treats during a week from 200 to 220.
graph the relationship between output and labor, holding capital constant at its current value. Find the MPN for an increase of labor from 100 to 110. Compare this result with the MPN for an increase in labor from 110 to 120. Does the marginal pro..
Suppose you are considering adding another sales associate to the floor. Your current total sales are $40,000 per day and your cost of sales, including the sales associates are $66,000 per day. The new sales associate should increase sales
If the city wishes to raise as much revenue as possible from the tolls, where will the city decide to charge a toll: in the inelastic portion of the demand curve, the elastic portion of the demand curve, or the unit elastic portion? Explain.
Suppose there are 8,000 identical individuals in a market for Latin Dance videos, each with a demand function represented by Qdx=12-2Px, and 400 identical producers of Latin Dance videos, each with a supply function of Qsx=10Px.
Draw a separate box diagram to show what the contract curve might look like if Aisha was concerned about very low consumption of food and clothing by Robin, but Robin was only concerned about his own consumption.
Show that licensing can be beneficial for firm 1 in this case and therefore increase innovation incentives. Explain why the results differ between the two cases.
How do you think this would affect the ratio of international asset trade to GNP for Home and Foreign?
Galaxy A is reported to be receding from us with a speed of 0.35e. What mUltiple of e gives the recessional speed an observer on Galaxy A would find for (a) our galaxy and (b) Galaxy B
Suppose that the author receives a royalty payment equal to 10 percent of the total sales revenue from the book. If the author could choose a price, what would it be?
does the problem relate to a problem of property rights?
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