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The model standard error is 9.18. How do you use this estimation for business decisions?
6. Check the significance of this model base on a computer printout as well as a manual process at a 95% significant level.
7. Construct the simple demand function for this model and graphically show it.
8. Construct the total revenue function (TR) and determine total revenue maximize output level.
9. Measure and interpret 0.5 elasticity of demand and advertising elasticity of demand.
(a) Market loans
(b) Reserves with the Bank of Ghana
(c) Cash
(d) Personal loans
(e) Sale and repurchase agreements (repos)
(f) Mortgages
(g) Government bonds (of from one to five years to maturity)
High liquidity
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PRODUCTION FUNCTION IS
Q=200√L√K
PL=500
PK=800
TOTAL OUTLAY, C=5000
1).Determine lost minimizing combination of Labour and Capital
2.What is the cost minimizing output level
3.Construct the equilibrium for isoquant
4.if selling price of this product is Rs.200 per unit, what would be the profit or loss of this organization
What is the avg variable cost of the second unit produces?
Quantity total cost
0 20
1 25
2 35
3 50
Suppose that an exogenous disturbance, such as a change in government policy, leads to a balance of payments deficit and a consequent fall in the exchange rate. Discuss the effects of the new exchange rate level on the balance of payments and the exchange rate.
S.No.
Component
Amount
1
Private final Consumption Expenditure
900
2
Corporation Tax
100
3
Govt. Final Consumption Expenditure
200
4
Personal Income Tax
120
5
Undistributed Profit
50
6
Change in stocks
(-)20
7
Net domestic fixed capital formation
120
8
Net Imports
10
9
Net Indirect Tax
150
10
Net Factor income earned from abroad
(-)10
11
Private income
1000
#340153 on Dec 2023