+61-413 786 465
info@mywordsolution.com
Home >> Microeconomics
Suppose Dan has a daily variable cost of VC = Q2/2, a marginal cost of MC = Q, and an avoidable fixed cost of $50 per day.
(a) What is Dan’s supply function?
(b) Graph Dan’s supply function.
Microeconomics, Economics
Question: Think of the last two major things you bought. Why did you buy them? What were your opportunity costs in making the purchase? What would have been the opportunity cost, if you had NOT made the purchase? (Not al ...
Question: It is sometimes asserted that the welfare system creates a form of intergenerational "dependency." That is, children born into households that receive welfare will themselves become more apt to receive welfare ...
Question - Suppose a country's debt rises by 10% and its GDP rises by 12%. 1) What happens to the debt-GDP ratio? 2) Does the relative level of the initial values affect your answer?
Question: Submit a brief, reflective essay (minimum of 750 words) with the following three sections: 1. Write your personal thoughts about the main concepts of the Cheung-Judge (2012) article, and identify personal trait ...
Question: What's the taxable equivalent yield on a municipal bond with a yield to maturity of 7.00 percent for an investor in the 33 percent marginal tax bracket? (Round your answer to 2 decimal places.) The response mus ...
Question: Suppose that the quantity of money in circulation is fixed but the income velocity of money dou- bles. If real GDP remains at its long-run poten- tial level, what happens to the equilibrium price level? The res ...
Question: Where formal cartels are illegal, what techniques can firms use to attempt to prevent "price wars" from breaking out and to maintain a price level in the market, which approximates the level that a monopolist w ...
Quesiton: A third price auction is similar to a Vickrey auction except that the winner (the bidder with the highest bid) pays the third higest bid. Is it a dominant strategy in this auction to bid one's valuation? If yes ...
Question: Project A requires less initial investment than project B and both A and B have an IRR greater than MARR. If project A and B are mutually exclusive and the incremental IRR between A and B is more than the MARR, ...
Question: Do you think new economic policies should be created to make our current and future healthcare system more competitive? If so, what are the 2-3 areas in the U.S. healthcare delivery system that need to be more ...
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