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!
1. Chipo has the following utility function of 2 goods Pies (X) and fanta (Y): U= log X + log Y. (a) show that the consumer maximizes utility subject to the budget constraint. (b) derive the demand functions of good X and good Y.
2. You are given the individual demand curves for food for 2 households. These are household A and household B. The demand for household A for food is given by equation: Qa= 1430 - 55p The demand for food for household B is given by the equation: Qb= 1470 - 70p Where Qa= demand for food in kg by household A Qb= demand for food in kg by household B Calculate the market demand for food
Assuming individuals hold no cash (all cash is in bank vaults as reserves), calculate the simple money supply from the following reserves requirements and deposits in the systems. 5 Points each, 30 points subtotal
If the numbers of home and commercial users are equal, and you cannot distinguish between commercial and home users, what is the most profitable pricing strategy.
A monopolist can not hire fewer employee and pay a lower wage than a firm in a competitive labor market.
Discuss the nature of VRI's environmental informational complexity and resource needs (Re: The Readaptation Model): and how it effects designing an organizational structure.
Explain how do the relationships between Congress think about both houses also the American people function today.
For each of the following concepts provide a definition, a complete explanation as to their significance, and a practical example.
According to moderate growth your return will be 8 percent. If there is a rapid expansion, your portfolio will return 15 percent.
Using the utility function: U (x, y) = x^gamma + y^gamma , 0
Assume you receive a 4% increase in your nominal wage. Over the year, inflation runs about 7 percent. Which of the following statements is TRUE?
Assume that a "leader country" has real GDP per capita of $40,000, whereas a "follower country" has real GDP per capita of $20,000. Next suppose that the growth of real GDP per capita falls to zero percent in the leader country and rises to 2 perc..
The CEO of a major automaker overheard one of its division managers make the following statement regarding the firms's production plans:
Assume that the country is in a period of high unemployment, interest rates are at almost zero, inflation is about 2% per year, and GDP growth is less than 2% per year. Suggest how fiscal and monetary policy can move those numbers to an acceptable..
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