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!
During the rainy season, the Maasai of sub-Saharan East Africa are all able to graze their cattle on certain pastures. Assume that each Maasai has one cow, and wishes to fatten the cow by obtaining as much grass for that cow as possible. If N Maasai graze their cattle on a speci?c pasture the value in pounds of the total amount of grass consumed in terms of weight gain for the cattle is Q = 4N(50-N). Each cow consumes Q N . Assume a cow can be sold for $5 per pound, and that the opportunity cost of taking a cow to this pasture for each Maasai is $200.
(a) If N Maasai graze their cattle on the pasture, how much pro?t does each Maasai make?
(b) If N Maasai graze their cattle on the pasture, what is the average weight gain per cow?
(c) How many Maasai will choose to graze their cattle on the pasture?
(d) How many Maasai should graze their cattle on the pasture in order to maximize their joint pro?t?
You are producing a new play that will open next week. You are happy because advance purchasers have bought enough tickets that you will have a full house.
Discuss the 'Policy Space' available to small nations with significant (in terms of GDP) foreign sectors.
"Owning the Market" •Identify a company in your local or generalized area that you would classify as a monopoly. Explain the key reasons why you classified the company as a monopoly, and state how the company operates relative to at least two (2) cha..
Suppose that the total volume of nominal final sales in the economy grew by 40%, and someone states that the economy grew by 40%.
What is meant by rationality Consider the three "systematic mistakes" discussed in your text. What are the costs of making those "systematic mistakes" Is it possible to act "irrationally," or is rationality defined by the individual's approach to ..
The problem belongs to Economics and it is describe about calculating the number of units of output for profit maximizing and the price to be charged and the predictions for the long run, etc have been given.
What is the optimum and sustainable price ceiling the government could impose?
Consider the demand for hamburgers. If the price of a substitute good (for example, hot dogs) increases and the price of a complement good.
What does the analysis of the 'hold up' problem contribute to the explanation of the size and scope of firms?
Compare the shareholder and stakeholder models of corporate governance. Which one seems to predominate today? What implications does this have for businesses.
Suppose that the domestic demand and supply for t-shirts in a small open economy are given by: Q=50-P(demand) and Q=25-2P (Supply) [where q is quantity and P is price]
write a two to three 2-3 page paper in which you1. identify and discuss three 3 externalities which can either be
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