3 Median voter theorem Assume that people are uniformly distributed on the line from 0 to 1 in the order of their preferences. There are two candidates choosing their positions, c1 and c2, respectively, and people will vote for the candidate that is close to them Given c1 = 0, what is the optimal c2? Given c1 = 0.2, what is the optimal c2? Given […]
Hi! please answer the question attached and show all work Suppose the production function of country 1 is a Cobb-Douglas production function Yt = KfLi‘“ (hence A =1).Assume country 1 is a closed economy. You also have the following data for country 1: Deprecnatlon ratePopulation growth rate 21) Refer to Numerical Exercise A info. What is the period t real interest rate (aka the rental […]
please help with the attached homework Professor Glasure ECON 3315Problem Set #4Production 1. Optimal Use of a Single Input. Julian Smyth is manages production at TaffyApple Inc., a company that produces a variety of taffy/fruit candies. Over thelast several months, he has varied then number of employees on his caramelapple production line, and found the following relationship.Labor56789101112 TP100150230300360410450480 MP MRP 50807060504030 250400350300250200150 a. In the […]
Are the these things public goods? Why or why not? (rival or non-rival? exclusive or non-exclusive?) a) A golf course b) A free (non-tolled) bridge across the Delaware River c) An orange d) Signals from a radio station
According to the Census Bureau, 3.34 people reside in the typical American household. A sample of 26 households in Arizona retirement communities showed the mean nu,ber of residents per household was 2.70 residents. The standard deviation of this sample was 1.17 residents. At the .10 significance level, is it reasonable to conclude that the mean number of residents in the retirement community household is less […]
The aggregate demand curve has its particular shape because of which of the following explanations? a. An increase in the money supply will cause an increase in the interest rate, a decrease in investment, and a decrease in output. b. A decrease in the aggregate price level will cause a decrease in the interest rate and an increase in output. c. An increase in the […]
Problem 4: Par values of both the 1-Year zero and the 2-Year zero are $1,000. Suppose that the short rate today is 3 percent and the expected short rate next year is 5 percent. A. Find the price of the 2-Year zero under the Expectations Hypothesis. B. Find the price at which the 2-Year zero can be sold after holding it for one year under […]
Hey Course hero Team, I just want to ensure that I am on the right path with this problem. In 1929, real GDP in the US was $976 billion (in 2005 dollars). By 1933, real GDP had fallen to $716b. Over the same period, real investment spending declined by $83b. Ignoring all other possible exogenous spending changes, estimate the size of the investment multiplier and […]
please answer the following questions regarding extensions of simple Ricardian model: a) The H-O model is famous for being elegant and mathematically sophisticated, yet failing to describe reality. Explain the leontief Paradox and then explain how economists “solved” this paradox. b) which model of intra-industry trade best explain in the following industries ? Remember to clearly explain the critical differences between your chosen model and […]
Is it possible to move from the hypothetical perfect competition (many buyers, sellers, identical products) to move down the lane to monopolistic market structure than on to oligopoly then to a monopoly? What would be an example of one? Can the same be sad going into reverse order, from monopoly down the line to the perfect competition? Thank you and have a great night. Dayle
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more