Other Economics Answers

what are the advantages to retailer to sharing inventory. For suppose you go to a car dealer to find a blue model and he doesn't have that model in stock. Typically he will obtain the model from the another local dealer. What are the disadvantage

to the retailer?

Given the total cost function; TC = 3Q³ - Q² + 150Q +50

A.           What is the fixed cost and what does it shows?

B.           What is the variable cost function? What is the variable cost at Q = 2?

C.           What is the maximum output level at the minimum level of average variable cost

D.           At Q = 3 what Is the trend of average cost function (is that increasing or decreasing)? Why?

Differentiate what type of return to scale the following production function exhibit and explain your reason

            A. Q=L^0.5 K^0.5                               C. Q = L^0.3 K^0.5

            B. Q=L^2/3 K^2/3                   D. Q=AL^a K^b

On May 11, 1993, a note due on January 10, 1994 was discounted at 12.12% simple discount. Find the exact simple interest rate of 10.75% for one year and 3 months? What is the exact discount rate?

Given the totalcost function; TC = 3Q³ - Q² + 150Q +50

A.           What is the fixed cost and what does rt shows?

B.           What is the variable cost function? WhatIs the variable cost at O = 2?

C.           What is the maximum output level at the minimum level of average variable cost

D.           At O = 3 what Is the trend of average cost function (is that increasing or decreasing)? Why?

Find the exact simple interest rate of 10.75% for one year and 3 months? What is the exact discount rate?

Given the total cost function; TC = 3Q³ - Q² + 150Q +50

A.           What is the fixed cost and what does it shows?

B.           What is the variable cost function? What is the variable cost at Q = 2?

C.           What is the maximum output level at the minimum level of average variable cost

D.           At O = 3 what Is the trend of average cost function (is that increasing or decreasing)? Why?

1.      Sally consumes two goods X and Y, her utility function is given by the equation

U= 60XY².Thecurrent market price for X is 200 birr, while the market price for y is 100birr and her current Income is 10,000birr

A.     Sketch a set of two Indifferent curves for Sally in her consumption of X and Y 

B.     Write the expression for Sally's budget constraint graph the budget constraint and find the slope

C.     Determine the X, Y combination that maximize her utility given her budget constraint

Calculate the Impact on Sally's  optimum consumption of X and Y If the price of X increase to 300birr.