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Q. a firm sells two products A and B, product A has an income elasticity of demand of +0.9, while product B -1.3. advise the firm on to plan a solution in the coming month of average income if set to increase by 12%.
Q. After the job losses at the Alcatel-Lucent corporation, laid-off optical engineers had difficultly in finding jobs. These former employees faced difficulties because the market for their very technical skills was declining. These workers were
Represent graphically the effects of an expansionary monetary policy and a contraction fiscal policy in the IS/LM/FX model.
Comment on this trade-off between equity and growth. Explain how would you go about resolving the issue if you were the president of a small poor country.
The muffler on your car suddenly needs repair, also there are only two automobile repair shops in town.
The government budget is balanced, with government purchases and taxes both fixed at $1,000. Net exports are $100.
Suppose that an increase in crime (O) also results in a per unit amount of social damage equal to d(d>0).
The two smallest banks have proposed merging. Under the standard merger guidelines of the Federal Reserve and the Justice Department.
What will happen to price of old car taken as an inferior goods whose substitute is new car if income of the people rises.
Provider A charges $120 per month for the service regardless of the number of phone calls made.
Calculation of the unemployment rate and part time workers who would prefer to work full time.
illustrates the likely effect on the marketplace for eggs. Indicate in each case the impact on equilibrium cost also equilibrium quantity.
Illustrate what is Great Reception's profit when producing at the profit-maximizing output
Explain how does your graph relate to the other two graphs. What do any of these graphs have to do with price discrimination.
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