+61-413 786 465
info@mywordsolution.com
Home >> Macroeconomics
Our profit-maximizing rule is MRP=MRC. That is, marginal revenue product equals marginal resource cost. So if an additional unit of capital costs $ 50 per unit, we must buy the amount of capital such that MRPcapital equals what?
Macroeconomics, Economics
Priced at $20 Now at $10, Verified Solution
Question: Suppose you are the chief executive officer of a small pharmaceutical company that manufactures generic aspirin. You want the company to maximise its profits. You can sell as many aspirins as you make at the pr ...
Question - This question is to get some practice drawing budget constraints. You are in your first semester at college and deciding to spend your income between textbooks and food. You have $360 for the month. Textbooks ...
Question: When other firms react Suppose you are the owner-operator of a gas station in a small town. Over the past 20 years, you and your rival have successfully kept prices at a very high level. You recently learned th ...
Question: Again, demand is QD = 32 - 1.5P and supply is QS = -20 + 2.5P. Now, however, buyers and sellers have transaction costs of $2 and $3 per unit, respectively. Compare the equilibrium values with those you calculat ...
Question: A firm faces the following demand curve: P = 120-0.20 * Q, and MR = 120 0.01 * Q. The firm's cost function T_C = 60 * Q + 25,000; MC = 60 (it is constant over all levels of output. If the firm maximizes profit, ...
Economics Assignment - Topic: Evaluation of Macroeconomic performance of Australia and New Zealand. Task Details: Complete a research-based analysis and evaluation of the relative macroeconomic performance of Australia a ...
Question - A student buys a used car for $3000 with no money down. She pays for the car in 30 equal monthly payments with interest at 12% per year compounded monthly. a. What is the monthly loan payment? b. What is the t ...
1. Explain four types of unemployment 2. Explain the advantages and disadvantages of:(a) A flexible exchange rate regime (b) A fixed exchange rate regime 3. Suppose the Reserve Bank of Australia increases the interest ra ...
Question: PepsiCo produces both a cola and a major brand of potato chips. Coca-Cola produces only drinks. When might it make sense for PepsiCo to divest its potato chip operations? For Coca-Cola to begin manufacturing sn ...
Question: Good X is produced in a perfectly competitive market using a single input, Y, which is itself also supplied by a perfectly competitive industry. If the government imposes a price ceiling on Y, what happens to t ...
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