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amalia alexia and ariane work together in a homework group on a problem set each group member i 123 can exert effort ei0 le ei le 1 on the problem
exercisegodzilla and macrosoft produce software and operating systems respectively both at marginal cost 10 each firm has monopoly power in the
consider a homogeneous product industry with inverse market demand given by p 1100 - 2qnbsp there is currently one incumbent firm firm 1 and one
according to the rule for optimal input usage a firm should hire a person as long as her marginal revenue product is greater than her marginal cost
1-nbsp consider the one-variable regression model yi betao beta1x1i ui and suppose that it satisfies the classical regression assumptionsnbsp
the five alternatives shown here are being evaluated by the rate of return
consider a perfectly competitive industry where each firm has an identical short run total cost curve given bytcq 100 q2where q is the output of
in class we covered the concepts of producers and consumers surplusa with respect to different government policies explain how changes in producers
consider the market for shiraz wine the market demand and supply are given byqd 10 - pd and qs 4 2 psa find the equilibrium price and quantity
consider the market for coffee at university the market supply is given byqs -20 pswhere qs is the quantity supplied and ps is the price per cup of
1 a firm has the following production functionq lkthe firm wants to produce a target output level of q200 the costs of the two inputs are r2 for
questionmotorists have a choice between a petrol fuelled vehicle and a diesel equivalent which have different fixed and variable costs turbo diesel
a examine your y data excluding the hold out period to determine if it needs to be differenced to make it stationary show a time series plot of the
exercise 1a long time ago in a galaxy far far away the long run yearly demand and supply of moisture were qd 28 - p5 and qs 4 p5 quantity is
1 the demand function for a cola-type soft drink in general is q 20 - 2p where q stands for quantity and p stands for pricea calculate point
a study of the costs of electricity generation for a sample of 56 british firms in 1946-1947 yielded the following long-run cost functionavc 124
answer based upon your knowledge of economics and class notes on differenes in wages and discrimination make and wage differenees - tast for
apple computers cost to produce the components the headphones and the packaging it ships in comes to 2177 for the ipod shuffle thats about 28 of the
a tell why you selected the appropriate exponential smoothing method by commenting on your y data characteristicsnbspyou should use a time series
question 1money demand in an economy in which no interest is paid on money is 500 02y -1000ia you know that p 100 y 1000 and i 010 find real money
microeconomic problem1 suppose a business finds that output varies according to the following schedule as it adds more workersworkerstotal
part-1what is the difference between average total cost and average variable costpart-2michelle slatalla new york times february 3 2005 stated the
question 1your boss who is the general manager of the pontiac rangers an adequate aa baseball team has heard that you are taking a principles of
1how do you know that the firm represented in the graph above is a purely competitive firm2to maximize profits this firm will produce at what output
consider the following version of the model of incentive pay with endogenous monitoringin a principal-agent relationship effort is not contractible