Consumers demand function, A consumer purchases food (X) and clothing (Y). ...

A consumer purchases food (X) and clothing (Y). Her utility function is given by: , income is $100 and the price of food is $1 and the price of clothing is Py. a. Derive the equ

Extenstion n contraction of demand curve, extenstion n contraction of deman...

extenstion n contraction of demand curve

Determinants of private demand - regional disparity, Determinants of Privat...

Determinants of Private Demand - Regional Disparity There is imbalance in distribution of facilities. There are over 600000 villages in India. And there were over 8737 degree

Investment in flood control infrastructure - present value, 1. An investmen...

1. An investment in flood control infrastructure  today will generate $1,000,000 in benefits 10 years from today. Using a 3% discount rate what is the present value of these benefi

Demand, Lynne’s income is $2, 000 and she is risk averse. The probability o...

Lynne’s income is $2, 000 and she is risk averse. The probability of someone slipping on her stairs is 1 8 . If this happens, she will be sued for $1, 000 and will have to pay that

Difference between static and dynamic multiplier,

Government production in the economy, Government Production: Some productio...

Government Production: Some production in the economy is undertaken directly by governments (or several kinds of government agencies) in order to meet public requirements (as disti

Banking, what is fractional reserve and how does it affect money supply?

what is fractional reserve and how does it affect money supply?

Statistics, please can you explainn what "down 0.1 percentage point on the ...

please can you explainn what "down 0.1 percentage point on the quarter means"?

Economic models, what is the use of models in economics?

what is the use of models in economics?