Microeconomics Topic Questions
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We found 29 questions associated with the 'Microeconomics' topic. Displaying results 21 - 30.
Demand and supply curve?
In each case explain (using appropriate graphs for support) what happens to prove and output in the market for wheat bread; assuming that wheat bread ...
Posted 3+ months ago | 0 answers | | Open
Related topics: market, curve, bread, wheat, case, support, graph, microeconomics, micro, economics, price, homework
If the 2 firms compete a la Cournot,write down marginal revenues&so derive their reaction function?
Two firms produce with zero marginal cost. Demand satisfies the inverse demand function P = 100 − Q1 − Q2, where Q1 is firm 1’s ...
Posted 3+ months ago | 0 answers | | Open
Related topics: down, write, zero, produce, cost, inverse, economics, microeconomics, maths
Calculate the level of risk aversion according to the Arrow - Pratt formula?
for the following utility functions i. U1 = X0.5 / a0.5 ii. U2 = X and will you show how you worked it out please. Thankyou
Posted 3+ months ago | 0 answers | | Open
Related topics: arrow, formula, utility, level, risk, economics, microeconomics, maths
Microeconomic questions?
The state minister for housing wants to increase the number of privately-owned low rental housing units available by 7%. The current rent for these ...
Posted 3+ months ago | 0 answers | | Open
Related topics: question, microeconomics
May I know wella is Perfect Competition or Oligopoly ?
and reason?
Posted 3+ months ago | 0 answers | | Open
Related topics: competition, perfect, microeconomics
Economics help please?
Suppose Spain produces only cars and trucks. The resources that are used in the production of these two goods are not specialized—that is, the ...
Posted 3+ months ago | 0 answers | | Open
Related topics: truck, spain, production, produce, economics, economic, car, cars, good, resource, microeconomics, social science, ...
Microeconomics questions pls answer the question?
Suppose the demand function of a consumer for a product 'X' per month is X= 30 +M/4p and a consumer income per month is Birr 1000. While M ...
Posted 3+ months ago | 0 answers | | Open
Related topics: product, question, month, answer, consumer, microeconomics
If resources were not limited economics would have exist as a disipline?
Posted 3+ months ago | 1 answers | | Open
Related topics: economics, economic, resource, microeconomics
Which of the following is generally considered to be a microeconomic question?
the responsiveness of aggregate demand to change in government expenditure the relationship between the money supply and nominal GDP the relationship ...
Posted 3+ months ago | 1 answers | | Open
Related topics: money, government, relationship, question, expenditure, relationships, microeconomics, economy