# Posts by tofu

Total # Posts: 10

URGENT ECON QUESTION ABOUT DEMAND AND SUPPLY
ok this is the scenario 12. Industry: cell phones Event: 1.) cell phones are reported to cause brain tumors 2.) the cost of cell phone electronic chips are cheaper so in this scenario, demand decreases and the supply increases....thus demand shifts to the left and supply ...

econ - demand and supply
just a few questions that would like to double check my answer For each of the following cases, sketch a supply and demand curve for the specified industry and show how each event will shift the curves. (Be sure to label all curves)! State what occurs to the Q and P for each ...

econ question
2 questions that im stuck on!!! 1. Suppose a firm has a production function Q = 3(squareroot)N, where N is labour. Suppose the wage is 3, and the price of the output 4. (a) Write the Firm profits (b) Calculate the firm optimal labour choice when the wage is 3. 2. 2. Suppose a ...

econ question part 3
This is the chart Canada produces 50 wheat and 20 Microchips Jpn produces 2 wheat and 12 Microships the chart shows the productivity of ONE SINGLE UNIT of resource so if the question was Suppose that prior to the trade, each country allocated half of its resources endowment to...

i posted this question yesterday. but i also got another questions This is the chart Canada produces 50 wheat and 20 Microchips Jpn produces 2 wheat and 12 Microships the original question was 1. If the terms of trade changed to 2 microships for one tonne of wheat, which ...

The following table provides date on the productivity of a single unit of resource in producing wheat and microchips in both canada and jpn wheat microships canada 50 20 jpn 2 12 now if terms of trade was 2 microships for one tonne of wheat. Which country would benefit?? ...

calc question
Fx = d(x) * q(x) + r(x) if r cant be o and d(x) = 2 what is r?