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!
Suppose a country has the following production function
Y=f(K,L)=K^1/2L^1/2
Its capital stock depreciates at 5%, its population grows at2.5% and its labor-augmentation technology increases at 2.5%
a.what is the per-worker production function?b. Find the capital stock per worker in the steady statec. find the golden rule savings rate
an investment cost of $50,000; maintenance costs that start at $5,000 at the end-of-year (EOY) one and increase by $1,000 for each of the next four years, and then remain constant for the following five years; savings of $20,000 per year (EOY 1-10..
a. If the interest rate is 35%, what is the maximum you can spend in the current period b. Id the interest rater was lower, you probably would be able to spend more than that. What would be the max interest rate that would allow you to spend $225 ..
Calculate and describe the effect of changing the savings rate on the multiplier. the given problem is: 20 years agothe average savings rate was 20 percent of disposable income.
A small business that has taxable income of less that $50k purchases a machine for $10k. The machine yields an annual benefit of $5k over its 5-year life. Is the after-tax rate of return for this item closer to 5% or 12% Assume a straight-line de..
1) What total output (Q1 + Q2) will you produce to maximize profits 2) Of the total output in part (1), how many units are produced at teh first facility (what is Q1) 3) Of the total out put in part (1), how many units are produced at the second faci..
Assuming a 10 percent sales tax is levied on all consumption, complete the following table: Sales Percent ofIncome Consumption Tax Income Paid in Taxes $10,000 $12,000 20,000 18,000 40,000 32,000 80,000 60,000
Casper consumes cocoa and cheese. Cocoa is sold in an unusual way. There is only one supplier, and the more cocoa you buy from him, the higher the price you have to pay per unit. In fact y units of cocoa will cost Casper y2 dollars. Cheese is sold..
Suppose that there are 80 firms in a market, each with the following cost function: C(q) = 100 + 4q^2 A.) Derive the short-run market supply curve. B.) Suppose the market demand is Qd= 1280 - 30P Find the equilibrium market quantity and price.
The demand for widgets is found to be Q=100-11P +0.5Y, where P is the price of widgets in dollars, Y is average income in thousands and Q is the quantity of widgets in thousands. Say that P=7 and Y=50.
An economy has 2,000 people. 1,000 of them have utility functions U(x, y) = x + y and 1,000 of them have utility functions U(x, y) = min{ 2x, y}. Everybody has an initial allocation of 1 unit of x and 1 unit of y. Find the competitive equilibrium ..
A purely competitive firm finds that the market price for its product is $30.00. It has a fixed cost of $100.00 and a variable cost of $17.50 per unit for the first 50 units and then $35.00 per unit for all successive units.
Suppose Eddie's demand curve for text messages is T=150-500Pt, where T stands for the number of text messages and Pt represents the price of text messages. What is Eddie's consumer surplus if Pt = $.10 per message
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