Tài liệu Bài tập về Kinh tế vĩ mô bằng tiếng Anh - Chương 7 ppt

... 2 100 45 145 20 50 22.5 72 .5 3 100 57 1 57 12 33.3 19 52.3 4 100 77 177 20 25 19.25 44.25 5 100 102 202 25 20 20.4 40.4 6 100 136 236 34 16. 67 22. 67 39.3 7 100 170 270 34 14.3 24.3 38.6 8 ... 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 av...

Ngày tải lên: 23/12/2013, 14:15

... 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 are in billions ... a function of Q instead of P: Q S =11 .75 + 5. 875 P ⇒ P = Q S 5. 875 − 11 .75 5. 875 . The new supply curve is now P = Q S 5. 875 − 11...

Ngày tải lên: 23/12/2013, 14:15

... Monopoly and Monopsony 153 π = ( 27) (14) - (100 - (5)(14) + 14 2 ) = $152. The deadweight loss is $2.00 This is equivalent to a triangle of (0.5)(15 - 14)( 27 - 23) = $2 e. Now suppose the government ... price of only $12, output decreases even further: 12 = -5 + 2Q, or Q = 8.5. Profits are π = (12)(8.5) - (100 - (5)(8.5) + 8.5 2 ) = -$ 27. 75. Consum...

Ngày tải lên: 23/12/2013, 14:15

... CPI 1980 CPI year X *nominal price in year X . 1980 1985 1990 1995 2000 2001 $1.88 $1.62 $1.25 $0. 87 $1.21 $1.54 Since 1980 the real price of butter has decreased. b. What is the percentage change ... 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

Ngày tải lên: 23/12/2013, 14:15

... slope of the demand curve is -8 5 .7= -b. To find the coefficient a, use either of the data points from the table above so that a=830+85 .7* 4.11=1 172 .3 or a=850+85 .7* 3 .76 =1 172 .3. The equation for ... either the supply or demand equation, e.g., Q S = 1944 + (2 07) (3.06122) = 2, 577 . 67 and Q D = 3444 - (283)(3.06122) = 2, 577 . 67 4. A vegetable fiber is traded i...

Ngày tải lên: 23/12/2013, 14:15

... decreases. When she buys the 8-ounce soft drink she pays $1.50 8 oz = $0.19 per oz. When she buys the 12-ounce size she pays $0. 17 per ounce, and when she buys the 1 6- ounce size, she pays $0.14 ... 360,000 or F' = [( / ) , )]3 2 360 000 = 73 4.8. From this, we obtain C': C' = (2/3)F' = (2/3 )73 4.8 = 489.9. In 1995, the bundle of 73 4.8 food and 489.9 clo...

Ngày tải lên: 23/12/2013, 14:15

... surplus associated with the increase in the price of the toll from $5 to $7. The lost consumer surplus is ( 7- 5 )*16+0.5( 7- 5 )(2 0-1 6)=$36. 14. Vera has decided to upgrade the operating system on her ... 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 d...

Ngày tải lên: 23/12/2013, 14:15

... probabilities: σ 2 = (0.2)(125 - 80) 2 + (0.3)(100 - 80) 2 + (0.5)(50 - 80) 2 = $ 975 . c. What would a risk-neutral person pay to play the lottery? A risk-neutral person would pay the expected ... .3(250,000 + (50,000 - 200,000)) .5 = 519.13 + 94. 87 = 614. Expected utility with drought-resistant corn, again including your initial wealth: E(U) = .7( 250,000 + (500...

Ngày tải lên: 23/12/2013, 14:15

... 2 MP L Firm 2 0 0.0 ___ 0.00 ___ 1 30.00 30.00 37. 37 37. 37 2 42.43 12.43 49.31 11.94 3 51.96 9.53 58.00 8.69 4 60.00 8.04 65. 07 7. 07 For each unit of labor above 1, the marginal productivity ... 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...

Ngày tải lên: 23/12/2013, 14:15

... 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 60 300 230 70 18 ... = 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 -1 8 20...

Ngày tải lên: 23/12/2013, 14:15