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!
Q1. Assume that the total cost of producing pizzas for the typical firm in a home town is given by: C(q) = 2q + 2q2. Thus, marginal cost is MC = 2 + 4q. (a) Show that the competitive supply behavior of the typical pizza firm is given by: q = P/4 . (b) If there are 60 firms in the industry each acting as a perfect competitor, explain that the market supply curve is in opposite form given by P= 2+Q/15
Q2. Explain why the different definitions are important also explain the different procedures of the money supply?
Calculate Max's marginal utility from snorkeling at each number of hours per day. Does Max's marginal utility from snorkeling obey the principle of diminishing marginal utility.
Which of the variables above is NOT statistically significant at the 0.05 level.
You can suppose any single peaked preference which you want and Characterize the equilibria of the model.
Assume that during the last month of the tenth year of ownership, the property in Problem 2 is sold for 1,500,000. Assume also that the seller incurs transaction costs equalling 6 % of the sales price.
Elucidate what would be the immediate and long run effects on c, k, and y. Explain by drawing the path of these variables. Consider that you impose the new saving rate.
Calculate the Golden Rule level of capital per effective worker and the saving rate associate with this steady state.
A flat tax plan allows individuals to deduct a standard allowance of $10,000 from their wages. Assume that the flat tax rate is 12%. Calculate the amount of income tax and the average tax rate if you were earning.
Is it a local, regional or national monopoly. What are some of the Barriers to Entry into this industry.
Assuming labour demand is downward sloping and that the labour market is competitive, what happens to national income as a result in immigration.
What are the annual accounting costs for the firm described above? What are the annual explicit costs for the firm described above?
Illustrate and explain the movement of the aggregate demand and aggregate supply curve both in the short and long run.
In late 2006 and early 2007, orange crops in Florida were smaller than expected, and the crop in California was put in a deep freeze by an Arctic cold front.
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