+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
Problem
1. Why is a choice made when resources are allocated?
2. What is the difference between a need and a want?
3. What role does government play in a market economy?
Microeconomics, Economics
Question: What determines a competitive firm's demand for labor? How does labor supply depend on the wage? What other factors affect labor supply? How do various events affect the equilibrium wage and employment of labor ...
Question: Assume an economy with 100 identical consumers. In the current period each consumer receives 16 units and pays taxes of 6 units, while in the future, each receives income of 20 units and pays taxes of 9.50 unit ...
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: Traders in asset markets suddenly learn that the interest rate on dollars will decline in the future. Use a diagram to show the new equilibrium, assuming current interest rates on dollar and euro deposits do no ...
Question: The marginal private costs and the marginal private benefits of a firm producing fuel-efficient cars is represented in the following diagram (show the equilibrium P market, Q market). The government would like ...
Question: A 5-year MACRS class equipment that costs $50,000 was sold for $15,000 after depreciating it for 3 years using MACRS. What is the amount of depreciation recapture? The response must be typed, single spaced, mus ...
Question: Soapy Inc. and Suddies Inc. are the only producers of soap powder. They collude and agree to share the market equally. If neither firm cheats on the agreement, each makes $1 million profit. If either firm cheat ...
Quesyion: Intermediate Microeconomics Suppose that a firm's technology is given by the following production function: f(k, l) = 6k^1/6 l^1/6 Prove that this production function exhibits diminishing marginal product in bo ...
Question: Consider the Aggregate Demand-Aggregate Supply framework. Suppose we are not in a liquidity trap (and do not end up in a liquidity trap), and the Fed does NOT target the interest rate. Show what happens if oil ...
Question - If a savings bank pays 1.5% interest every 3 months (Every quarter), a. What is the nominal rate? b. What is the effective rate per year?
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