User Account

All Pages

What is the competitive equilibrium

Assignment Help Macroeconomics
Reference no: EM13339643

An industry has a supply curve MC (or P) $/unit = 10Q0.9. Demand follows P $/unit = 100 – Q1.1. Total external social cost (pollution) (in $ total) = 20Q1.2.

What is the competitive equilibrium? What is the resulting profit, consumer surplus, and external cost?

Reference no: EM13339643

Questions Cloud

Write a single program that calculates the geometric mean : Use MATLAB to write a single program that calculates the geometric mean, RMS average and harmonic mean for a set of numbers. Compare these values for each of the following sets of number.
Why is this possibility of a liquidity trap significant to : Money, Banking, and Monetary Policy: What do economists mean when they say that monetary policy can echibit cyclical asymmetry? How does the idea of a liquidity trap relate to cyclical asymmetry? Why is this possibility of a liquidity trap significan..
Find temperature distribution in water as function of t nd r : At t=0, the water is turned off and the surface of the pipe is maintained at 40° from then on (neglect the wall thickness of the pipe). Find the temperature distribution in the water as a function of r and t.
Stable inventory policy for a company : What are the advantages and disadvantages of a stable inventory policy for a company that has greatly fluctuating sales during the year and what type of production process lends itself to process costing? Provide an example.
What is the competitive equilibrium : An industry has a supply curve MC (or P) $/unit = 10Q0.9. Demand follows P $/unit = 100 – Q1.1. Total external social cost (pollution) (in $ total) = 20Q1.2.
Describe a dynamic programming algorithm : Let Fi(x) = i * (1+log x). Describe a dynamic programming algorithm to input 2 integers x and m and determine how to break x into m integers x1, x2, ..., Xm such that f1(x1) + f2(x2)+----+fm(Xm) is the largest among all possible ways of breaking x..
Should the likely effects of the policy on real gdp be taken : The government is considering a policy to reduce air pollution by restricting the use of “dirty” fuels by factories. In deciding whether to implement the policy, how, if at all, should the likely effects of the policy on real GDP be taken into accoun..
Determine what criterion determines that that is valid : At a distance d (d > L) under the point of suspension there is an infinite plane conductor. Find the frequency of the pendulum, for small amplitudes. You can neglect gravity. What criterion determines that that is valid
Write a program that reads a collection of positive numbers : Write a program that reads a collection of positive and negative numbers and multiplies only the positive integers. Loop exit should occur when three consecutive negative values are read.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd