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Is there an increase in quantity demanded when the price of the good decrease from ₱150.00 to ₱100.00? If yes, how many percent is the increase? If no, how many percent is the decrease?
the utility function for a consumer utility is U=30Q1 1/2 Q2 1/2. if the price per unit of Q1 =shs 10 and shs 5 per unit of Q2 determine the quantities the consumer should maximize utility if the consumer budgeted shs 350
Suppose that the competitive firms are facing the following cost function and revenue function, C = 14 + q2,revenue function: = 20q -q2. (a) Find profit function (b)Find marginal cost function. (c) Find marginal revenue function (c)Find output (q) that maximize profit (d)find total Profit
define production function and cobb-douglas production function?
The demand curve for a good is Q =60 - p and the supply curve is Q = p. The government imposes a specific tax of t = 2 per unit of output. (a) find the market equilibrium output (Q) and the price (p) before tax? (b) Find the new market equilibrium output (Q) and the price (p) after tax. (c) Explain the effect the tax has on consumer surplus and producer surplus.
Derive the relationship between marginal cost, wage and marginal product of labor?
Explain the relationship between marginal cost, wage and marginal product of labour?
suppose a customer has income of N$120 per period and faces prices, price of X = 2 and price of Z =3. Her goal is to maximize her utility, described by the functional U = 10X0.5Z0.5..What is the consumers budget constraint?.. State the formula for finding marginal utilities for goods X and Z.. Calculate the marginal utilities for goods X and Z.. State utility maximizing condition for the consumer... Calculate the utility maximizing bundle (X*, Z*)
Is it possible to convert a close coperation into a company? If so, how should thet do it?
according to the interest rate channel the traditional Keynesian, explain how a monetary tightening is transmitted to the real economy
