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Recent questions in Microeconomics
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fatima-dirk
over 3 years ago
Microeconomics
how has china and South Africa achieved hockey stick growth ?
how has other countries such as china, america and south africa achieved the hockey stick growth ?
0
hariskhanhk
over 4 years ago
Microeconomics
Explain how monopolistic competition is different from perfect competition and monopoly in both short- and long-run?
Explain how monopolistic competition is different from perfect competition and monopoly in both short- and long-run?
0
aiym-kabdyl
over 4 years ago
Microeconomics
4. Using supply and demand diagrams, show the effect of the following events on the market for peanut butter.
1. Using supply and demand diagrams, show the effect of the following events on the market for peanut butter. With the figure, please describe the changes to the equilibrium price and equilibrium quantity of peanut sold. (from chapter 4 )(1). An increase in the price of blueberry jam a complement to peanut butter(2). An increase in the price of sesame butter, a substitute for peanut butter(3). An increase in the price of peanut, an input into peanut butter(4). An increase in consumers’ incomes, as long as peanut butter is a normal good.
0
john-laxx
over 4 years ago
Microeconomics
Answer and make calculations in the questions in the details I provided down.
**Questions 1. **Ben’s preferences over coke, ????1 and pizza, ????2 can be summarized by the utility function, ????(????1, ????2 ) = ????1 2????2.a) Find the marginal utilities of coke and pizzab) Calculate the MRS c) Find the Marginal Rate of Transformation (MRT) d) Calculate the optimal quantity of coke and pizza consumption as a function of ????1, ????2 and ????.e) Illustrate the optimal bundle when ????1 = 2, ????2 = 10 and ???? = 180.f) What is the numerical value this utility function?**Question 2. **Refer to question 2 above. The government imposes a tax rate of 25% on the price of coke,a) Show that the tax rate is equivalent to a price increase to a consumerb) Sketch the original budget constraint and the new budget constraint on the same graph. Label the graph appropriately.c) What is the effect of the price increase on the consumption of ????1?d) What is the effect of the price increase on real income if the tax is applied on both goods?**Question 3. **A consumer with a certain income has to choose between different quantities of ????1 and ????2 in such a way that he maximizes his utility. If the price of ????1 falls, we get two different effects.a) What do we call the two effects?b) With the aid of a graph distinguish between the two effects.
0
ayadumaq
about 7 years ago
Microeconomics
Hello fellas im new here and looking forward to working with everyone. My name = Ayaduma. just one of those Qs:3. Consider the following circular flow of income and spending where factor rewards are R200m, and consumer spending is R180m. Assuming the economy is in equilibrium, what is the value of leakages in the circular flow?
hello fellas im new here and looking forward to working with everyone. My name = Ayaduma. just one of those Qs:3. Consider the following circular flow of income and spending where factor rewards are R200m, and consumer spending is R180m. Assuming the economy is in equilibrium, what is the value of leakages in the circular flow?
0
Joshuareddy123
almost 9 years ago
Microeconomics
Uses of production function
What are the uses of production function?
0
arshia-6
8 months ago
Microeconomics
Why is choice essential in the study of economics?
Ch-1 of MicroeconomicsEconomics and Economy
8
unknown user
over 1 year ago
Microeconomics
1
Solved
Myky_01
over 1 year ago
Microeconomics
Referat Microeconomie?
Legat intre ceva din zona IT si Microeconomie, sau un fenomen din zona economica care se poate observa in jurul nostru.
3
dung-vu-5
almost 2 years ago
Microeconomics
What is the ralationship between inflation and interest rate
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6
tui-tui
almost 2 years ago
Microeconomics
phân tích và lấy một ví dụ minh hoạ về một hãng độc quyền bán thuần tuý và chỉ rõ cách thức mà hãng này lựa chọn sản lượng và lợi nhuận trong ngắn hạn và dài hạn?
Phân tích lý do Microsoft trở thành doanh nghiệp độc quyền bán theo phương pháp kinh tế học vi mô.
1
ccca16
about 2 years ago
Microeconomics
formula for excel in microeconomics
which formula is used to calculate the expenditure for the each of the two bundles.
2
ekambar
over 11 years ago
Microeconomics
At which time the nuclear power plant supplies energy to the state of California?
I would be v.thankful to whoever who would give me answer for that the nuclear power plant supplies energy to the state of California at which time?
1
ekanga
almost 12 years ago
Microeconomics
How the health insurance works?
Hey guys. I am preparing for my mid-term examination. Can you help me on the working of health insurance?
8
anshula
over 11 years ago
Microeconomics
Name the bet which is called as incredibly unfair in the economic world.
Hi all! I have lost all hope but I believe this forum can help me. My question is that which bet is called as incredibly unfair in the economic world?
1
ekambar
over 11 years ago
Microeconomics
What is the major source of renewable energy used now a days?
This question has given me nightmares, help needed! Tell the major source of renewable energy used now a days.
1
fatima-dirk
over 3 years ago
Microeconomics
how has china and South Africa achieved hockey stick growth ?
how has other countries such as china, america and south africa achieved the hockey stick growth ?
0
ekani
almost 12 years ago
Microeconomics
What is a co payment in insurance?
Is there anyone who could please tell me about co payment in insurance.
6
Microeconomics