+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
Assume that the marginal utility of good A is 4 times the marginal utility of good B, However the price of good A is only 2 times the price of good B. Is this point consumer equilibrium? If not, what will occur?
Microeconomics, Economics
Question: Please thoroughly and completely explain the differences between transaction demand for money and the asset demand for money, and how they work together to determine the total demand for money. The response mus ...
Question: Suppose you were assigned the task of choosing a price that maximizes economic surplus in a market. What price would you choose? Why? The response must be typed, single spaced, must be in times new roman font ( ...
Question: In a typical recession, the unemployment rate rises 2 1 2%. Assume that at full employment, the unemployment rate is 4 1 2%, and it rises to 7% by the end of the recession. Typically it takes the economy about ...
Question: In fast food we often see that a single franchisee owns all the outlets in a certain area that may be as large as a city. How does this increase the value that a franchise agreement is likely to create? The res ...
Question: Consider the market for education. (1) Why might education exhibit positive externalities? (2) Describe a government policy to internalize the positive externality of education. Show the effect of the policy in ...
Question: Identify and explain some of the challenges that modernization theory faces When applied to Third World societies. What alternative theories have been promoted to explain the reasons for Third World poverty. Pl ...
Question: Is the U.S. banking system designed to fail? If not, why has it been a source of so much instability over the centuries? Why have governments all over the world needed to provide ever-increasing quantities of i ...
Question: Assume that a firm's analysis of its balance condition shows the following: P_L = exist10, P_K = exist100, MP_L = 30, and MP_K = 290. As a decision maker in this firm, what would you do in the short term to imp ...
Question - George Ragsdale sells new cars for Seekins Ford. George usually sells the largest number of cars on Saturday. He has developed the following probability distribution for the number of cars he expects to sell o ...
Question: Suppose an election is being held for Soft Drink Commissioner. The field consists of one candidate from the Pepsi party and four from the Coca-Cola party. This would seem to indicate a strong preference for Coc ...
Start excelling in your Courses, Get help with Assignment Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.
Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As