+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
A convenience store pays a farmer $1.25 per pineapple. If it costs the farmer $0.15 in seeds, $0.25 in fertilizer, and $0.25 in forgone output to grow each pineapple, what is the value added by the farmer to each pineapple?
Microeconomics, Economics
Question: In early 1975, the government distributed $8 billion in one-time tax rebates to try to move the economy out of its most severe post-WWII recession. What impact do you think this had on consumption and saving? I ...
Question: In the case of a binding price ceiling, why is the price below the equilibrium price? Isn't it possible for suppliers to increase price (to hit the demand curve) at the quantity traded without losing consumers? ...
Question: Consider a consumer with (net utility) function given by U(x;p) = 10 ln(x+1) - px, where x is the quantity of the consumption good consumed, and p > 0 is the price of x. The consumer's income is m > 0. The leve ...
1.) The market demand function for corn is Q d = 15 -2P. The market supply function is Q S = 5P - 2.5, both measured in billions of bushels per year. The initial equilibrium price is $2.5, and the initial equilibrium q ...
Quesiton: Economic historians have determined that it took about 40 years from the harnessing of electricity for industrial power until it had a significant impact on productivity growth. The same argument is now being u ...
Question: Assume there are only two producers of tennis rackets: Wilson and Prince. The market demand for tennis rackets is depicted by the algebraic formula P = 100 - Q, where P stands for price and Q stands for quantit ...
Question: Why does Longo use salespeople instead of price tags? Why not just offer cars at a fixed discount under the sticker price? Or why not be like the General Motors Saturn and advertise a no bargaining policy? The ...
Question: On March 4, 1990, the New York Times reported "Wine Equation Puts Some Noses Out of Joint." In this problem you will estimate an equation that predicts the quality of wine. Typically wine is rated long before i ...
Question: In the late 1970s interest rates soared but the economy remained healthy. Why did higher interest rates fail to slow down the economy in 1977-8, but cause recessions in 1980 and 1981? The response must be typed ...
Question: Using the data set macro, find the least squares estimate of the following two models: Model A: Inves = ߈0 +߈1Interest and Model T: Inves = ߈0 +߈1Interest +߈3GNP a) What does "least squares estimates" mean ...
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