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1. Consider some of the items you regularly purchase and how they have been affected by ICT. Which sectors/?rms have increased their value added share and which have lost out?
2. Do developments in biotechnology have a better claim than ICT to be a third Indus- trial Revolution?
Quantities purchased are the same but prices are not. What does this mean in terms of the marginal rate of substitution at those quantities?
answer the next questions parts a and b on the basis of the following cost data for a firm operating in pure
in the short run a firm operating in a competitive industry will shut down if price isa. less than average total cost.
1. Identify the feature of panel data that offers an advantage over cross sectional data and explain how the analyst can exploit that advantage
What is economics? What role does economics play in your personal and organizations decisions? Give an example of the role of economics in decision making.
Derive the demand function
There is the firm that has pricing control of its output and is capable to identify its consumers in two groups. The total quantity demanded for its output is the summation of quantity demanded by the two groups,
dominos pizza is considering entering the marketplace in your community. conduct research about the demographics of
suppose that 0 coupon us treasuries due to mature in 1 year were yielding 3 while 0 coupon us treasuries maturing in 2
Price elasticity of demand depends on various factors. Explain each factor with the help of an example and how how producers equilibrium is achieved with isoquants and isocost curves.
you are the manager of the surgery department at a hospital which serves mostly medicare patients. the hospital
Assume that you are leaving a message in a time capsule to be opened 100 years from now. Formulate a message you leave regarding the economic times of your lifetime and what could have been done to make our economy better.
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