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!
Assignment: Macroeconomics- Consumer Surplus & Producer Surplus
A. Illustrate an example of your choice and discuss consumer surplus, producer surplus, Total surplus, and deadweight loss with the help of the graphs.
B. Calculate the consumer surplus, producer surplus, and total surplus in a market of airplane tickets if the Equilibrium price per ticket is SAR 160, the equilibrium Quantity is 80 tickets, the upper intercept of the demand curve on the y-axis is SAR 400 and lower intercept of the supply curve on the y-axis is zero. What will be the dead weight loss if the government imposes a tax of SAR80 per ticket and the buyer and sellers share the tax of 50 percent each?
C. What do you mean by import tariff and import quota? Take an example and discuss the difference between tariffs and quotas with the help of graphs.
D. Provide the equation to calculate the GDP of a nation. Explain all four factors that contribute to the GDP calculation in detail.
The price of an ice cream cone is £1.50 and you buy three ice cream cones per week. If the price of an ice cream cone falls to £1.25 and you still buy three ice cream cones per week, which of the following is TRUE? a) The total utility of the four..
During 2003, Company A and Z made the following identical purchases in the order shown, Each firm sold 400 units but A fimr uses LIFO inventory costing and Z Company uses FIFO inventory costing.
An individual or country may have absolute advantage is in producing several products and services whereas others may have comparative advantages
Suppose Elizabeth's utility function took the general form : U a Yb. Derive the demand curve for goods X and Y. Using your answer from part (f) and assuming , find the indirect utility function.
What do you see that has to be done to initiate the strategic planning process for your hospital to catch up with the advancement of health care in America? Why
With all this talk about crypto, should companies accept it as a form of payment. Summarize the pros and cons (few sentences for each one) of accepting crypto
explain how the us government managed to accumulate a debt of over 14 trillion. to whom does it owe this debt? is the
What are the types of unemployment and which is worse and why? What type of unemployment are we going to see in a year?
Once again, assume Cournot competition in an industry in which market demand is described by P = 260 - 2Q and in which each firm has a marginal cost of 20. However, instead of two firms, let there now be four. a. What is the one-period Nash equilibri..
Assume that an economy is experiencing simultaneous equilibrium in both the product market and money market. Furthermore, assume the MPC is
Elucidate how tax credit to a business would help to stimulate the economy.
Draw the supply of agricultural land. If a tax is imposed on all agricultural products, who would bear the burden of the tax, the owners of agricultural land or the producers renting that land? (producers of agricultural products are in this case ..
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