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Suppose market demand is given Qd=a-bp as and market supply is given as, Qs=c+dp and then find the following
o Equilibrium price
o Equilibrium quantity
o Price elasticity of demand at equilibrium
o Price elasticity of supply at equilibrium
The demand for tickets to an ethiopian camparada film is given by D (p) =20000-10000 p,where is the price of tickets is 12 bir calculate elasticity of demand for tickets and draw the demand curve
13: What is the impact of climate change on low- and middle-income countries, and how are they responding to adapt and increase their resilience?
12: What is meant by “environmentally sustainable economic development”? Are there serious economic costs for pursuing sustainable development as opposed to simple output growth, and how is the responsibility for global environmental damage being borne by different countries?
11: As nearly half the people in low- and lower-middle-income countries still reside in rural areas, and a large majority of those living in extreme poverty are rural, how can agricultural and rural development best be promoted?
Suppose market demand is given Qd=a-bp as and market supply is given as, Qs=c+dp and then find the following
o Equilibrium price
o Equilibrium quantity
o Price elasticity of demand at equilibrium
o Price elasticity of supply at equilibrium
3: With world population approaching 8 billion people, on its way to a projected 10 billion shortly after mid-century, is rapid population growth threatening the economic progress of low-income countries?
Why do poor families have more children than families that have moved out of poverty? Does having large families make economic sense in an environment of widespread poverty and financial insecurity?
A management college located at Kathmandu brought a college bus on 1st January 2014 for RS 225000 with estimated useful life of five years with scrap value of RS 25000 after expiry of useful life. On 1st July 2017 number of student admitted in college increased and purchased another bus RS 500000 with 10 years life and zero scrap value. Accounts are closed on December 31st, each year.
Required: Bus account for the first 5 years.
Suppose a certain city has a monopoly cable-television company. This company has total costs TC = 0.25Q2 + 30Q + 70. (Hint: using calculus, this means MC = 0.5Q + 30 since MC is the derivative of TC with respect to output.)
The demand in the community is approximated by the equation Qd = 60 - P/2 (alternatively, you can write the demand equation as Qd = 60 – 0.5P).
· Graphically depict the demand curve as well as the marginal cost (MC) curve.
· If the cable company is free to choose its own price Pm and quantity Qm, graphically depict the monopoly equilibrium price and quantity. Add any other curve(s) to your diagram that may be required to obtain this outcome.
· Compute and state the exact monopolist equilibrium price Pm and quantity Qm that you depicted graphically.
Contrast penalties vs. legalizing and taxing illegal drugs from the fairness perspective (refer to the two principles of fairness)".
