Microeconomics Topic Questions

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We found 29 questions associated with the 'Microeconomics' topic. Displaying results 11 - 20.

Micro Demand and Supply Question?

What would the effects be on the mail delivery by the Post Office after the development of the internet using demand and supply reasoning? Which ...

Posted 3+ months ago | 0 answers | | Open

Related topics: micro, question, economics, microeconomics

Microeconomics - if the government introduces a pigovian tax for wood producers, does the social?

... equilibrium quantity decrease

Posted 3+ months ago | 0 answers | | Open

Related topics: wood, government, social, tax, producer, microeconomics

Microeconomics problem?

Harvey Habit has a utility function U(c1, c2) = min{c1, c2}, where c1 and c2 are his consumption in periods 1 and 2 respective ly. Harvey earns $189 ...

Posted 3+ months ago | 0 answers | | Open

Related topics: utility, problem, period, periods, microeconomics

Microeconomic theory provides insights on the?

(a) deliberate, intended consequences of deliberate, intentional economic behaviour; (b) unintended consequences of unintended economic behaviour; ...

Posted 3+ months ago | 0 answers | | Open

Related topics: theory, economics, economic, behaviour, microeconomics

Microeconomics - ks) 3. A nation with fixed quantities of resources is able to produce any of the?

... following combinations of carpet and carpet looms: Yards of carpet Carpet looms (Millions) (Thousands) ...

Posted 3+ months ago | 0 answers | | Open

Related topics: carpet, nation, million, yard, produce, fixed, loom, microeconomics, resource

Microeconomics: Yoram insists on consuming 3 times as much y as he consumes of x (so he always has?

Yoram insists on consuming 3 times as much y as he consumes of x (so he always has y = 3x). He will consume these goods in no other ratio. The price ...

Posted 3+ months ago | 0 answers | | Open

Related topics: price, always, good, time, microeconomics, ratio

Use the indifference curve analysis to: (a)distinguish the following commodity categories?

(i) Normal goods [5] (ii) Inferior goods [5] (iii) Giffen goods [5] (b) Compare the efficiency and welfare impact of an income tax and a sales tax ...

Posted 3+ months ago | 0 answers | | Open

Related topics: curve, sale, tax, good, income tax, normal, commodity, analysis, microeconomics

Microeconomics - Suppose the demand function for a profit maximizing monopolists good is P = 160 -?

... 0.5Q, its total cost function is TC = 20 + 10Q + 0.3Q2, and its marginal cost function is MC = 10 + 0.6Q. If the firm uses a uniform pricing ...

Posted 3+ months ago | 0 answers | | Open

Related topics: uniform, cost, pricing, good, profit, microeconomics

What factors of production would a factory belong to? Land, capital, labor, or none of these groups?

What factors of production would a factory belong to? Land, capital, labor, or none of these groups?

Posted 3+ months ago | 0 answers | | Open

Related topics: group, factory, land, capital, labor, production, economics, microeconomics

What is indifference curve?

Posted 3+ months ago | 1 answers | | Open

Related topics: curve, microeconomics

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