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 that you have two people in an economy, Ms. Hundley and Mr. McKenna, who want to produce a public good S. Suppose we calculate the Lindahl equilibrium using the method in your textbook. In this case, the demand curve for Ms. Hundley is S=P^.5. The demand curve for Mr. McKenna is S=8/P. If the marginal social cost of the project is $10, what is the Lindahl equilibrium quantity of S? What are the Lindahl prices? Show all work/every step
A cost-minimizing firm's production function is Q = LK. The price of labor services is w and the price of capital services is r. Suppose that w = $10, r = $5, and the firm's total cost is $140.
Presently, AFC has on its medical staff 10 doctors and 10 nurses. The daily wage of a doctor is $600, whereas a nurse is paid only $200 a day. Write the equation for the medical isocost of AFC.
Compare the supply and demand conditions in both locations. How many people live in each place.
Suppose the government imposes a tax of $6 per unit on this market. How much tax revenue is collected?
Consider the distributional effects of agricultural productivity due to global warming. Discuss some of the ramifications this outcome would have on regional economies, national economies, and world trade.
Do you think that people who “live beyond their means” display a character flaw by borrowing? What about a government that fails to confine its expenditures to the amount of its tax receipts? Describe what is meant by intangible wealth and is it impo..
Total profit is maximized at output of ? What is profit maximizing price? What will profits be at profit max output and price?
Would a dynamic approach to taxation be more likely to lead to economic growth than the static approach in a country with a falling tax base? What about in a country with a growing tax base?
Suppose you take a job that pays €30 000 , and set some of this income aside in savings account that pays an annual interest rate of 5 per cent. Use a diagram with a budget constraint and indifference curves to show how your consumption changes in ea..
Other channels of monetary policy. Consider this quote:” Monetary policy does not work simply through lowering interest rates. Sometimes it can directly affect particular credit markets in the economy.” Can you give an example of actions that the Fed..
Suppose the economy is at a point where short-run equilibrium output is lower than long-run output. Draw the IS/LM/FE graph to show the location of output and the interest rate in this equilibrium. Label this point A in your graph.
Illustrate what output level would monopolist produce. Illustrate what output level would a perfectly competitive firm produce.
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