Tài liệu Bài tập về Kinh tế vĩ mô bằng tiếng Anh - Chương 3: Hành vi tiêu dùng doc

... ($3)(600)+($2)(600)=$3000. Therefore, the Laspeyres cost-of-living index is: L = 100($3000/$1200) = 250. Ideal Index 35 Chapter 3: Consumer Behavior The ideal index represents how much Meredith ... the price of clothing to $3. Let 100 represent the cost of living index for 1990. Calculate the ideal and the Laspeyres cost-of-living index for Meredith for 1995. (Hint: Meredith will s...

Ngày tải lên: 23/12/2013, 14:15

... the current minimum wage, go to http://www.bls.gov/cpi/home.htm Click on: Consumer Price Index- All Urban Consumers (Current Series) Select: U.S. All items 5 Chapter 1: Preliminaries 1 ... 100 and determine the real price of butter in 1990 dollars. To convert the CPI into 1990=100, divide the CPI for each year by the CPI for 1990. Use the formula from part (a) and the new CPI num...

Ngày tải lên: 23/12/2013, 14:15

... 0.6Q e =0.6(154 4-1 76P)=926. 4-1 05.6P. Graphically, export demand has pivoted inwards as illustrated in figure 2.5a below. Total demand becomes Q D = Q d + 0.6Q e = 1700 - 107P + 926. 4-1 05.6P = 2626.4 - ... the short-run and long-run supply equations: S c ′ = 7 + S c = 11.74 + 7 + 0.07P = 18.74 + 0.07P and S ″ = 7 + S c = 14.78 + 0.29P. These are equated with sh...

Ngày tải lên: 23/12/2013, 14:15

... P 2 Q 2 - P 1 Q 1 Δ TR cc = (1.1P 1 )(0.8Q 1 ) - P 1 Q 1 = -0 .12P 1 Q 1 , or a 12 percent decline. For disk drives: Δ TR dd = P 2 Q 2 - P 1 Q 1 Δ TR dd = (1.1P 1 )(0.9Q 1 ) - P 1 Q 1 ... will fall when price is increased. Chapter 4: Individual and Market Demand 41 CHAPTER 4 INDIVIDUAL AND MARKET DEMAND EXERCISES 1. An individual sets aside a certa...

Ngày tải lên: 23/12/2013, 14:15

... investment is EV = (0.4)(100) + (0.3)(30) + (0.3) (-3 0) = $40. The variance is σ 2 = (0.4)(100 - 40) 2 + (0.3)(30 - 40) 2 + (0.3) (-3 0 - 40) 2 = $2,940. 5. You are an insurance agent who ... sum of the squared deviation from the mean, $1.025, weighted by their probabilities: σ 2 = (0.5)(0 - 1.025) 2 + (0.25)(1 - 1.025) 2 + (0.2)(2 - 1.025) 2 + (0.05...

Ngày tải lên: 23/12/2013, 14:15

... case? a. A firm can hire only full-time employees to produce its output, or it can hire some combination of full-time and part-time employees. For each full-time worker let go, the firm must ... change in output divided by the change in labor input. For this production process we have: L Q AP L MP L 0 0 __ __ 1 10 10 10 2 18 9 8 3 24 8 6 4 28 7 4 5 30 6 2 6 28 4.7 -2 Formatt...

Ngày tải lên: 23/12/2013, 14:15

... the reverse. For example, let a = 0, b = 1, c = -1 , d = 1. Total cost is Q - Q 2 + Q 3 ; average cost is 1 - Q + Q 2 ; and marginal cost is 1 - 2Q + 3Q 2 . Minimum average cost is Q = 1/2 and ... of customer it should try to attract, the off-peak customer (the middle two flights) or the rush-hour customer (the first and last flights). What advice would you offer? The a...

Ngày tải lên: 23/12/2013, 14:15

... 0 60 0 100 -1 00 150 -1 50 200 -2 00 1 60 60 150 -9 0 50 200 -1 40 250 -1 90 2 60 120 178 -5 8 28 228 -1 08 278 -1 58 3 60 180 198 -1 8 20 248 -6 8 298 -1 18 4 60 240 212 28 14 262 -2 2 312 -7 2 5 60 300 ... 50 π P = 50 0 60 0 100 -1 00 0 -1 00 1 60 60 150 -9 0 50 60 50 50 -1 00 2 60 120 178 -5 8 28 60 100 50 -7 8 3 60 180 198...

Ngày tải lên: 23/12/2013, 14:15

... area a. Numerically: a = (21. 5-1 9.2)(14.6)+(17. 4-1 4.6)(21. 5-1 9.2)(.5)=36.8 b = (17. 4-1 4.6)(21. 5-1 9.2)(.5)=3.22 c = (21. 5-1 9.2)(20. 4-1 7.4)=6.9 d = (21. 5-1 9.2)(21. 1-2 0.5)(.5)=0.69. These numbers ... 9.6.d, which is (12 - 9)(16) + (0.5)(12 - 9)(22 - 16) = $57 million. The gain to domestic producers is equal to area A in Figure 9.6.d, which...

Ngày tải lên: 23/12/2013, 14:15

... profit-maximizing price: P = 55 - (2)(10) = $35. Profits are equal to total revenue minus total cost: π = (35)(10) - (100 - (5)(10) + 10 2 ) = $200. Consumer surplus is equal to one-half ... determine the profit- maximizing quantity: 50Q -1 /2 = 6 or Q = 69.44 149 Chapter 10: Market Power: Monopoly and Monopsony π = TR - TC = (AR)(Q) - (AC)(Q), or π = (8.5)...

Ngày tải lên: 23/12/2013, 14:15