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Production function and technology
Graph and explain what the effects would be (short run production function) if a new advanced process was discovered. How would the number of workers hired (variable input) change? This is a profit maximizing firm, also explain the profit maximization condition the firm uses.
A monopolist has a constant marginal and average cost of $10 and faces a demand curve of Q D -Calculate the monopolist's profit maximizing quantity, price and profit.
To finance this subsidy every pair of stilts purchased by someone who is tall is taxed at a rate of T percent.
The Microsoft trial has been only one of the biggest investigations of antitrust behavior as the turn of the century.
Explain how many major wireless phone handset manufacturers are there. What is the market structure. What pricing strategies do wireless phone handset manufacturers use.
P stands for price Pr stands for price of related good also N stands for per capita disposable income.
Compute the steady state levels of population. How might we transition between these two steady states and growth during the Malthusian regime?
Illustrate what assumptions is the theory based, and how plausible are these assumptions.
What does Friedman believe about expansionary monetary policy? Do you think Keynesian economists would agree?.
Illustrate what is the current expected price of the stock. What is the expected price of the stock at Year 6.
Illustrtae what are the different incentives that investors have to hold TIPS.
Assume you are an aid to a government official deciding on some recently proposed excise tax on the welfare of her constituents.
They could have rented it on the open marketplace for $700 per month. The condo owner was formerly renting the unit for $500 every month.
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