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Suppose a monopolist faces a demand curve given by P=100-2Q and a total cost curve given by TC=500+20Q
Derive equations for MR MC ATC and graph along with the demand curve
Derive equations for MR MC ATC and graph along with the demand curve
As a stockholder in Randolph Corporation, you receive its annual report. In the financial statements, Randolph has reported that the after-tax (net) income is $300 million. With 150 million shares of common stock outstanding, Randolph announced to distribute $100 million of dividends to its shareholders. The stock is now sold for $20 per share.
a. Assume that Randolph Corporation does not have any outstanding debt. The current share price reflects the fair value of the Corporation.
i. Find the market value of Randolph Corporation after the ex-dividend date,
ii. Find the price per share of Randolph Corporation after the ex-dividend date,
iii. Calculate the value of investor’s wealth who holds 4,000 shares of Randolph Corporation before the ex-dividend date,
a. Assume that Randolph Corporation does not have any outstanding debt. The current share price reflects the fair value of the Corporation.
i. Find the market value of Randolph Corporation after the ex-dividend date,
ii. Find the price per share of Randolph Corporation after the ex-dividend date,
iii. Calculate the value of investor’s wealth who holds 4,000 shares of Randolph Corporation before the ex-dividend date,
what are major policy conclusions of classical economics?
explain how these policy conclusions follow from the key assumptions of the classical theoretical system
EXplain the role of money according to cambridge approch ?explain the relationship between quantity of money , price level,and level of output
Let the utility function be given by
u(x1, x2) = √x1 + x2.
Let m be the income of the consumer, p1 and p2 the prices of good 1 and good 2, respectively.
To simplify, normalize the price of good 1, that is p1 = £1.
(a) Write down the budget constraint and illustrate the set of feasible bundles using
a figure.
u(x1, x2) = √x1 + x2.
Let m be the income of the consumer, p1 and p2 the prices of good 1 and good 2, respectively.
To simplify, normalize the price of good 1, that is p1 = £1.
(a) Write down the budget constraint and illustrate the set of feasible bundles using
a figure.
Used in the expansion phase of the business cycle when inflation is the problem; involves decreasing government spending or increasing taxes, or a combination of both.
When Mr Smith’s monthly income was €5,000, he usually went to the local coffee shop 12 times a month. Mr Smith had a pay rise and his current income is €5,500 a month. Now, he goes to the local coffee shop 10 times a month. Compute the income elasticity of demand using the midpoint method. Explain your answer. Is having a coffee at the local coffee shop normal or inferior good to Mr Smith? Illustrate your answer using an appropriate graph.
1. Assume that an economy is based on three industrial sectors: agriculture (A), building (B), and energy (E). The technology matrix M and final demand matrices (in billions of dollars) are
b. How much of each of B’s output dollars is required as input for each of the three sectors?
b. How much of each of B’s output dollars is required as input for each of the three sectors?
Max(min) f(x,y,z) = x^2+y^2+z^2
Subject to
X+2y+z=30
2x-y-3z= 10
Check for local second order condition
Subject to
X+2y+z=30
2x-y-3z= 10
Check for local second order condition
If the marginal propensity to consume equals 0.75, what change in government spending financed by borrowing from the private sector could eliminate the gap identified in part (a)
