If a population sees a large fertility decline in year “0” and the fertility remains low from then on… 3.1 Approximately in how many years later would the total dependency ratio reach the first minimum?
Brady and Karen Hansen are checking out refinancing possibilities for their home loan (a principal balance of about $150,000) and discussing the pros and cons of a 30-year mortgage at 4.5% compounded monthly versus a 15-year mortgage at 4.25% compounded monthly. They find that thedifference in total interest(between the 30-year and the 15-year mortgage) would be
After report in newspapers that savings are at an all time low, households begin to save more a. Explain how the change in savings will impact real interest rates in the US in the short-run. b. The nominal interest rate is currently at 8% and there is no expected inflation. If government announced a 3% expected inflation rate, determine the value of both: new nominal […]
A firm supplying a single product to two distinct submarkets will maximize profits by equating(A) Average revenue in each market to average cost.(B) Average revenue in each market to marginal cost.(C) Marginal revenue in each market to marginal cost.(D) Price in each market to marginal cost.
Hi This is concerning the standard trade model so, Qc= quantity of cloth Qf= quantity of food Pc= price of cloth Pf= price of food V=aQc^2+Qf^2 is the PPF or TT V=PcQc+PfQf is isovalue line U= Dc^(1/2)*Df^(1/2) find optimal Qc and Qf from isovalue line and PPF
In ‘Econometrics 5th Edition’ Author: Greene; I am urgently looking for answer to Chapter 12 Q5 that is based on Autocorrelation (Phillips Curve) using Table F5.1 which has data from 1950 Qtr 1 to 2000 Qtr 4
In order to maximize profit, a firm that produces two goods that are related in consumption should chose the levels of output at which: total marginal revenue equals total marginal cost total marginal revenue equals the marginal cost of each good the marginal revenue of each good equals total marginal cost marginal revenue equals marginal cost for each good none of the above
1. After California was hit by deadly forest fires, the price of construction materials, like plywood, in the southern California tripled in price. In response to customer complaints of ‘price gouging,’ the government considered imposing price regulations to insure that plywood would be sold at the same price that prevailed prior to the devasting wild fires. Present a discussion, along with a graph, that identifies […]
Essay -Answer both of the following: a) With the aid of Diagram explain the following terms: Perfect competition, Monopoly, Oligopoly, and Monopolistic Competition. (15 Marks) AND b) Compare and contrast a perfectly competitive market with the monopoly market. (15 marks) Please draw all diagrams. Do not Copy paste. Based on a Microeconomics Topic with a word limit of 2000 (+ or – 10% ) words. […]
The use of energy is one of the major causes of pollution and greenhouse gases that lead to climate change. It is desirable to reduce the emissions from energy use. Suppose there are two firms whose marginal abatements costs are as follows: MAC1= q1 MAC2=2q2 where q1is the amount of emissions reduction by firm 1 and q2is the amount of emissions reduction by firm 2. […]
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