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Please help me for following questions
Question 1: Explain what MRS12 is (without referring to indifference curves.) Then, explain why the consumer's utility is not maximised at a point where MRS12 > p1/p2.
Question 2: Carefully explain why the firm's profit is not maximised at a point where the price elasticity of demand is below one
Please discuss who wins and who loses ever since the Certificate of Need (CON) legislation has been enacted to restrict the addition of any new hospital beds, such as beds for cardiac care.
Why are some countries poor (less developed) and others rich (developed)? Discuss the main features of the realist/mercantilist, liberal, Marxist, and structuralist/dependency perspectives on economic development. What are their differences and simil..
In big picture terms, the point of supply chain management is to minimize costs and improve quality. Comment on the types of foreign locations and the costs and benefits of foreign locations. Comment on the paradox between being more efficient and pr..
What should happen to the extraction (usage) rate of iron ore when. There are two general methods that governments use to sell mineral rights to the private sector. One is production royalties where the private firm promises to pay a certain amount ..
Suppose the Fed buys 3 treasury bonds from the public. The people who sold these bonds keep all their money in checking accounts. Each bond is worth $1000 (so the Fed has bought $3000 worth of bonds). Suppose further that the required reserve ratio i..
It has external liabilities of $250 billion, 50% of which are denominated in dollars and the remainder in pesos. What happens to net wealth
a company makes a decision to expand its production line that requires initial investment of 100000. the company
Demand curve is P=-Q+90 and the supply curve is P=0.5Q. Find equilibrium price and quantity. What’s the level of total expenditure in the market? What’s the price elasticity of demand at the equilibrium?
a. Determine the equilibrium price and quantity. Show the equilibrium graphically.
Imagine that a $10,000 ten-year bond was issued at an interest rate of 6%. You are thinking about buying this bond one year before the end of the ten years, but interest rates are now 9%. Calculate what you would actually be willing to pay for this b..
If Professor Siegel is correct that stocks are less risky than bonds, then the risk premium on stock may be zero. Assuming that the risk-free interest rate is 2.5 percent, the growth rate of dividends is 1 percent and the current level of dividends i..
Suppose that you are the managing director of a firm that supplies three goods: laptops, USB drives and external hard drives.
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