Tài liệu ôn thi môn kinh tế vĩ mô

... Formatted: Bullets and Numbering Chapter 4: Individual and Market Demand 42 Price Clothing Price Food Quantity Clothing Quantity Food Income $10 $2 6 20 $100 $10 $2 8 35 $150 $10 $2 11 45 ... 2. An individual consumes two goods, clothing and food. Given the information below, illustrate the income consumption curve, and the Engel curves for clothing and food. Formatted: Sp...

Ngày tải lên: 23/12/2013, 14:15

... b )Kinh tế học vi mô Kinh tế học vi mô: -là môn khoa học quan tâm đến việc nghiên cứu, phân tích, lưa chọn các vấn đề kinh tế cụ thể của các tế bào trong một nền kinh tế -Kinh tế học vi mô ... tế vi mô 1.Các khái niệm về kinh tế học a) Kinh tế học Kinh tế học là môn khoa học xã hội nghiên cứu cách chọn lựa của nền kinh tế trong việc sủ d...

Ngày tải lên: 11/12/2013, 21:16

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Ngày tải lên: 22/12/2013, 13:16

... People generally buy clothing in the city in which they live. Therefore there is a clothing market in, say, Atlanta that is distinct from the clothing market in Los Angeles. This statement is false. ... country to buy clothing, suppliers can easily move clothing from one part of the country to another. Thus, if clothing is more expensive in Atlanta than Los Angeles, clothing companies c...

Ngày tải lên: 23/12/2013, 14:15

... Q=473.5-38.5P. c. Which coffee has the higher short-run price elasticity of demand? Why do you think this is the case? Instant coffee is significantly more elastic than roasted coffee. In fact, ... the short-run as many people think of coffee as a necessary good. Changes in the price of roasted coffee will not drastically affect demand because people must have this good. Many people, o...

Ngày tải lên: 23/12/2013, 14:15

... obtain one more unit of clothing. He will therefore find it optimal to give up some food in exchange for clothing. 34 Chapter 3: Consumer Behavior opt imal bundle food clothing current bundle ... F=5. Utility is 1000. This bundle is on an indifference curve between the two you had previously drawn. 16. Julio receives utility from consuming food (F) and clothing (C) as given by the...

Ngày tải lên: 23/12/2013, 14:15

... $448.59. This means he would pay $1000-$448.59=$551.41 to insure his gamble. d. In the long run, given the price of the lottery ticket and the probability/return table, what do you think the ... 0.05 ( ) 16.5 0.5 ( ) = 3.157. This is less than 3.162, which is the utility associated with not buying the ticket (U(10) = 10 0.5 = 3.162). He would prefer the sure thing, i.e., $10. c. Suppo...

Ngày tải lên: 23/12/2013, 14:15

... K, and find q. Now increase K by 1 unit and find the new q. Do this a few more times and you can calculate marginal product. This was done in part b above, and is done in part d below. Formatted: ... marginal product is constant for this production function. When L increases by 1 q will increase by 3. When K increases by 1 q will increase by 2. b. q = (2L + 2K) 1 2 This function exh...

Ngày tải lên: 23/12/2013, 14:15

... run, how much labor will the firm require? Illustrate this point on your graph and find the new cost. The new level of labor is 39.2. To find this, use the production function q =10L 1 2 K 1 2 ... firm will move out horizontally to the new isoquant and new level of labor. This is point B on the graph below. This is not likely to be the cost minimizing point. Given the firm wants to pro...

Ngày tải lên: 23/12/2013, 14:15

... $50. This is the most they would pay on a per day basis. 14. A sales tax of $1 per unit of output is placed on one firm whose product sells for $5 in a competitive industry. a. How will this ... in the 0-7 units of output range because in this range AVC is greater than MC. When AVC is greater than MC, the firm minimizes losses by producing nothing. Chapter 8: Profit Maximization and ......

Ngày tải lên: 23/12/2013, 14:15