Required the Detail Answer, Microeconomics

Assignment Help:
Sir i am the student of MSC Economcis frin Dustabce University (AIOU)from Islamabad (Pakistan)my name is Mohammed Bilal Farooq and required the answer of the following questions
Q
1. How the equilibrium ouptu and price is determined in Williamson Model of Managerial discretion?.
Q 2. What is the role of top management, administration and labour junions in the goalformaton of firms?.
Q 3.What is the opportunity cost of leisure?. How the change in wages rates affects the decision to work?.
Q4. Show the amounto f quasi-rent when the supply of an input is
a. Variable b) Fixed

Q 5. Derive monopoly demand for an input when several inputs are used in the production process.
Q6 Differentiate between contract curve for exchange and utlity possiblility curve. When initial endowment of both commodities increases, how would the utility possiblility curve change?.
Q 7 What dowes the marginal rate of transformation of X for Y (MRTxy) indicate?. How is it measured graphically?.
Q 8 Does perfect comptition inply pareto optimality. Is it the only way to achieve pareto optimality.
Q 9. Writhe notes on the following

a) Theory of Second Best b). Price Control

Waiting for yours kind and early responce



With Best Regards



Mohammed Bilal Farooq
Student of MSc Economics
Islamabad Pakistan
[email protected]
+92300-4412779

Related Discussions:- Required the Detail Answer

Find steady state level - production function, 1. Consider a model economy ...

1. Consider a model economy with a production function Y = K 0.2 (EL) 0.8 , where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is define

Elasticities and Price Controls, Suppose that two anti-marijuana proposals ...

Suppose that two anti-marijuana proposals are currently being debated in Congress. Proposal I will reduce the supply of marijuana and cause its price to rise by 7%. Proposal II wil

Competitive equilibrium, Let Consider the following insurance market. There...

Let Consider the following insurance market. There are two states of the world, B and G , and two types of consumers, H and L, who have probabilities p H =0.5 and p L

Control of monopolies and restrictive trade practices, Control of Monopolie...

Control of Monopolies and Restrictive Trade Practices Monopoly hampers economic growth by lowering output and increasing prices and has an anti-social impact. In India, the Monopo

#question.Question: Answer all parts (a, Consider the following insurance m...

Consider the following insurance market. There are two states of the world, B and G, and two types of consumers, H and L, who have probabilities pH =0.5 and pL =0.25 (high and low

Mr and ar, A monopolist''s demand curve is P=100-2q. find his MR function. ...

A monopolist''s demand curve is P=100-2q. find his MR function. at what price is MR zero

Haberler''s theory of opportunity cost, How has the Harberler''s theory of ...

How has the Harberler''s theory of opportunity cost an improvment over the classical theory of trade?

Rational expectations and economic theory , RATIONAL EXPECTATIONS AND ECONO...

RATIONAL EXPECTATIONS AND ECONOMIC THEORY : We assumed above that the role of economic theory is not to provide quantitative predictions about the future. Suppose we assume ins

Define law of supply, Define law of supply.  Quantity supplied rises as...

Define law of supply.  Quantity supplied rises as price raises, other things constant. In other words, "Other things being equivalent, when the price of a product rises, then s

Combined finances of union and states, COMBINED FINANCES OF UNION AND STAT...

COMBINED FINANCES OF UNION AND STATES: Taxes on goods and services are levied in India in various forms and at different levels of Government, Centre, states, and local bodies

Write Your Message!

Captcha
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!

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