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Question Subject Due Date No. of Tutorials Closed Price
A monopolist faces two consumer groups - old and young
A monopolist faces two consumer groups: old and young. The inverse demand of old clients for the output of the monopolist is Po=100-2Qo. This implies that MRo=100-4Qo. The inverse demand of young clie …
Economics / Microeconomics 2017-11-07 1 Yes $5.00
The total utility Joseph derives from eating pizza
The table shows the total utility Joseph derives from eating pizza in the evening while studying.Pieces of pizza/eveningTotal Utility00130248360470578680776How much marginal utility does Joseph derive …
Economics / Microeconomics 2017-11-07 1 Yes $16.00
Suppose there are ten firms in the wiffleball market
28. Suppose there are ten firms in the wiffleball market, in which the market demand elasticity is -1.1. The elasticity of supply is .9. A single firm in this industry decides that, because there are …
Economics / Microeconomics 2017-11-14 1 Yes $9.00
Analyze two goods/services that you think are elastic
Analyze two goods/services that you think are elastic and inelastic in your daily life that you have recently purchased or not when the price changes(relate your answer to the characteristics of elast …
Economics / Microeconomics 2017-11-14 1 Yes $4.00
EconS 501 - Analyze and criticize in a microeconomic
You have to go on the cepr website (cepr.net), search for a Dean Baker article, analyze and criticize in a microeconomic way.It has to be an essay of 400 words. …
Economics / Microeconomics 2017-11-14 1 Yes $7.00
Suppose the demand and supply of a good
Suppose the demand and supply of a good are given below:Qd = 100/3 - P/3Qs = -5 + P/21 Plot the demand and supply curve on the P (vertical)-Q (horizontal)space2 Calculate the CS, PS and TS.3 Now suppo …
Economics / Microeconomics 2017-11-17 1 Yes $8.00
ECON 2202 - Suppose the price of tires increases from $60
Suppose the price of tires increases from $60 per tire to ?$80. In? response, the quantity of tires supplied increases from 5,000 to 40,000 tires. What is the price elasticity of supply for? tires? …
Economics / Microeconomics 2017-11-17 1 Yes $4.00
Assume Red Eye, a monopolist, faces a market demand
Assume Red Eye, a monopolist, faces a market demand curve P = 130 - 2Q, and has the short-run total cost function TC = 350 + 10Q.(a) What is Red Eye's profit-maximizing level of output and price? What …
Economics / Microeconomics 2017-11-17 1 Yes $7.00
Supppose that a farm's production function
Supppose that a farm's production function is determined by two factors: land area (K) and labour (L). The production function is specified as follows:Q=64 K^0.5 L^0.5The farm's land area is 500 acres …
Economics / Microeconomics 2017-11-23 1 Yes $12.00
Analyze a monopoly, oligopoly, and monopolistically
Analyze a monopoly, oligopoly, and monopolistically competitive firm that you have recently purchased/consumed a good or service. Please make sure to relate your answers to the market characteristics …
Economics / Microeconomics 2017-11-23 1 Yes $5.00
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