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mr mohameds budget line relating to goods x and goods y has intercepts of 50 units of goods x and 20 units of goods y
near new car is expected to earn an economic profit of 20000 each year for the next years the discount rate is 10
a person managing a laundry for someone else for 30000 per year decides for open his own laundry revenue during the
at roys music shack when the price of cds is 13500 are demanded when the price of cds is 14200 are demanded using the
abc corporation is a publisher of business dictionaries the corporation hires an economist to determine the demand for
kiran company is major producer if steel management estimates that the demand of the companys steel id given by the
suppose an economy has 10000 people who are not working but looking and available for work and 90000 people who are
assume for a perfectly competitive firm that mc avc at 12 mc atc at 20 and mc mr at 16 on the basis of this
1 a fund is to be donated by wealthy man to provide scholarships to deserving students the fund will grant p5000 for
the golf range is considering replacing their ball-dispensing machine at its facility the old machine cost 50000 five
consider the following production function q k l explain the special characteristics of this production function how
assuming that the firm hires 10 units of capital and 20 units of labour use the production function given in part a to
a private college adds a small cafeacute to its building to cater to the needs of its own students the total cost of
use the following supply and demand functions to answer the questions belowqd 20-2p qs 53pa determine the total tax
emerging economies such as china pose a threat to the comparative advantage of the us how can such a statement be
you have been asked by your boss to report on the expected profits from a single price strategy compared with a
many service industries such as restaurants night clubs movie theatres and hair dressers experience much higher demand
explain why a monopolist can increase profits by practising price discrimination compared with using a single price to
a statistical agency measures the price index using a basket of consumer goods this table shows the price in dollars
since september 2014 the euro has devalued 20 against the us dollar from 13 to 105euro and then regained some value in
you are given the following information about the commodity and money markets of a closed economy without government
suppose you are the manager of a chain of computer stores for obvious reasons you have been closely following
suppose the jamaica biscuit producing company located in kingston has 100 ovens and the life of each oven is 5 years
suppose ha he money demand function is mpd 1000-100r where r is he interest rate in percent the money supply m is 1000
consider the cobb-douglas production function if the stock of labor in the economy increases while the stock of capital