microeconomic

30 results

microeconomic

please show me how to calculate price elasticity of demand of $3.00 increase to $3.50

Microeconomic

Are there any books out there that can show you how to conduct an economic case analysis?

microeconomic

how to calculate price elasticity of demand of $3.00 to a increase to $3.50 and explain your reasoning and interpret the results

Microeconomic

If your marginal utility from your last session with your personal trainer is equal to the price she charged you, then: Thank you-Jane

College and Social studies Courses

Is Economic 201 or 202 equivalent to AP Microeconomic or AP Macroeconomic?

Sue Ann

What would be consideed macroeconomic/microeconomic consequences of a monopolistically competitive firm filing for bankruptcy?

MicroEconomic

Strictly speaking, perfect competition has never existed and probably never will. Then why study it?

microeconomic

Use the concepts of consumer and producer surplus to explain why a rent ceiling may fail to improve the welfare of low-income renters. What alternative policies to assist these people can you suggest?

microeconomic 2

given, STC=0.5^2 -10q -200 SMC=q-10 what is the short run average n marginal cost curve. i saw similar question posted by twitty...but i need to know how to get the answer...all the calculation..plz...

microeconomic

Consider a monopolist facing a demand curve given by P = 20 – q, where P is the market price and q is the quantity sold. The monopolist's marginal costs are MC = 2 per unit and a fixed cost of $20. What is the monopolist's profit it is charges a uniform price?

Microeconomics

What has the video gaming industry done from a microeconomic perspective? Furthermore, analyze the gaming industry with a specific emphasis on jobs created by the gaming industry and how do they pay? How is it developing? What are the expectations, salary, and opportunities of...

Economics

While sitting in your office one evening, you begin to think about some of the key microeconomic messages you want to communicate to the Board. (Key concepts include, but are not limited to, supply and demand, pricing, competition, costs & production, and economic value added...

economics

While sitting in your office one evening, you begin to think about some of the key microeconomic messages you want to communicate to the Board. (Key concepts include, but are not limited to, supply and demand, pricing, competition, costs & production, and economic value added...

microeconomic first principals

the best measure of the opportunity cost of any choice is: the monetary cost of that choice. whatever you have given up to give that choice,even if no monetary costs are involved. the cost associated with not taking full advantage of the opportunity offered by that choice. ...

Microeconomic

(a) Use a normal downward sloping demand curve and an upward sloping supply curve to illustrate and explain the “deadweight loss” from the imposition of a tariff on the imported substitute for a domestically produced product. (b) Use your diagram to compare the effect of ...

microeconomic

12. In each of the following situations, explain how government intervention could improve society’s welfare by changing people’s incentives. In what sense is the market going wrong? a. Pollution from auto emissions has reached unhealthy levels. b. Everyone in Woodville ...

Econ

How does the aggregate goods and services market differ from the regular (microeconomic) supply and demand market? In other words, how does aggregate demand and aggregate demand differ from normal supply and demand? Address the measures of price, quantity, and the demand and ...

microeconomic

larry, curly, and moe run the saloon in town. larry wants to sell as many drinks as possible without losing money. curly wants the saloon to bring in as much revenue as possible. moe wants to make the largest possible profits. using a single diagram of the saloon's demand draw...

microeconomic

Suppose you consume three pounds of beef and five pounds of pork per month. The price of beef is $ 1.50 per pound, and pork is $ 2.00 per pound. Assuming you have studied economics and achieved consumer equilibrium, what is the ratio of the marginal utility of beef to the ...

MICRO ECONOMICS

You have been allocated an investment budget of $100 million U.S. You are to make a strategic assessment of the microeconomic strengths and weaknesses of the industry in South africa in REFREIGRATORS & FREEZERS as a potential location for this new capital investment. An your ...

Microeconomic

Consider the market for peanuts. Initially, the quantity supplied is 35 and at $2.50 each. Then a blight occurs that destroys a significant portion of peanut crops. This shifts the supply curve leftward. The new quantity supplied is now 30 and at $3.50 each. Calculate total ...

microeconomic

How might an investor who holds a regular 10-year Treasure note end up earnig higher real interest returns over a decade than someone who holds an inflation-protected 10-year Treasure note for the same period? I believe the inflation protected note has varying interest ...

macroeconomics

As an economist, you have been asked to write a letter to a meeting of international professionals to explain the differences between microeconomics and macroeconomics and to provide real-world examples. Please write a letter of 4–6 pages including, but not limited to the ...

Microeconomic

The Urban Transit Authority receives the following two pieces of expert advice: 1. “You should cut rail fares in order to encourage greater use. Raising fares will mean fewer customers and lower revenue.” 2. “You cannot afford to cut fares as this will reduce your ...

microeconomic

Mexico produce only two goods, fish and coconuts. They only consume goods produced within their own country and do not trade with anyone. However Mexico needs more fish now.if they produce more fish they have to give up more coconuts. In the neighbor country, Canada has lower ...

microeconomic

a. Calculate the total cost, the average variable cost, the aver-age total cost, and the marginal cost for each quantity of output. b. What is the break-even price? What is the shut-down price? c. Suppose that the price at which Kate can sell catered meals is $21 per meal. In ...

Microeconomics, hunting analysis

Overhunting can endanger a species pollution. Evaulate the likely impact and effectiveness of the following policies. 1. shorten seasons and allowable hunting hours per day 2. double commercial license fees 3. impose a tax on all kills 4. set and enforce maximum kills This is ...

Economics

2. Compare the following two pairs of goods: Coke and Pepsi Skis and ski bindings In which case will the cosnumer respond more to a change in the relative price of the two goods? I think that it would the skis and ski bindings since they are complements. Is this accurate.:) I'...

Economics(micro)

hey, could someone please give me some tips for the following questions. iv got a test coming up, and one of these 4 questions will be in it..... so i have to write 4 essays n learn it. i just need a few points to put my essay together. thanks in advance. 1. 'Consumers ...

Microeconomics

Can someone please help with this question... a) Outline the various roles played by prices in a market economy. b) In what way does the presence of externalities result in price information being inaccurate? Illustrate by considering: i) the case of research and development ...

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