Tài liệu Bài tập về Kinh tế vĩ mô bằng tiếng Anh - Chương 12 doc

... - S S Q W D W Q Non-OPEC P* Q OPEC S* P** MR * D* = W* - S* Q* Non-OPEC Q* D Figure 12. 12.a.ii 212 Chapter 12: Monopolistic Competition and Oligopoly b. Calculate OPEC’s optimal (profit-maximizing) ... R 1 = P q 1 = (300 - 3(q 1 + q 2 )) q 1 = 300q 1 - 3q 1 2 - 3q 1 q 2 . MR 1 = 300 - 6q 1 - 3q 2 MC 1 = 30 + 3q 1 300 - 6q 1 - 3q 2 =...

Ngày tải lên: 20/01/2014, 20:20

... Font: Times New Roman, 12 pt, French (France) Formatted: Font: Times New Roman, 12 pt Formatted: Font: Times New Roman, 12 pt, French (France) Formatted: Font: Times New Roman, 12 pt Formatted: Font: ... Font: Times New Roman, 12 pt, French (France) Formatted: Font: Times New Roman, 12 pt Formatted: Font: Times New Roman, 12 pt, French (France) Formatted: Font: Times New Roman,...

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 1...

Ngày tải lên: 23/12/2013, 14:15

... MP L = 12 - 2L (the slope of the production function). Wage Labor 20 40 60 80 100 120 1.5 3.0 4.5 6.0 MRP L Figure 14.6 Therefore, the MRP L = (10) (12 - 2L). The firm’s profit-maximizing ... part a. q L MP L MRP L 0 0 - - 25 1 25 50 Chapter 14: Markets for Factor Inputs 236 43.75 2 18.75 37.5 58.75 3 15 30 71.25 4 12. 5 25 81.25 5 10 20 87.5 6 6.25 12. 5...

Ngày tải lên: 20/01/2014, 20:20

... invention causes a constant-returns-to-scale production process for food to become a sharply- increasing-returns process. How does this change affect the production-contract curve? In the context ... change to a sharply-increasing-returns-to-scale technology, there were a change in the trade-off between the two inputs (a change in the shape of the isoquants), then the production-contract...

Ngày tải lên: 20/01/2014, 20:20

... MFC 1 = 200 - 4X 1 and MFC 2 = 100 - 2X 2 . Setting MFC 1 = MFC 2 implies: 200 - 4 X 1 = 100 - 2X 2 , or 200 - 4(100 - X 2 ) = 100 - 2X 2 , or X 2 = 50 and X 1 = 100 - 50 = 50. Find ... Figure 18.3.c or 0.5(50 0-2 00) (12) =1800 million dollars. If you abate 1 million more tons then the net social benefit is area a+b+c+d-e or 180 0-0 .5(26...

Ngày tải lên: 20/01/2014, 20:20

... 1995 2000 2001 CPI 100 130.58 158.62 184.95 208.98 214.93 Retail Price of butter $1.88 $2 .12 $1.99 $1.61 $2.52 $3.30 (salted, grade AA, per lb.) Chapter 1: Preliminaries a. Calculate ... 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

... 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 - ... product. Given I=50, the demand curve becomes Q=30 0-2 P+4*50, or Q=50 0-2 P. Setting demand equal to supply we can solve for P and then Q: 50 0-2 P=3P-50...

Ngày tải lên: 23/12/2013, 14:15

... of 120 0, so her indifference curve is given by 26 Chapter 3: Consumer Behavior 27 2880=.2 the equation 10FC =120 0, or FC =120 . Some bundles on this indifference curve are (12, 10), (10 ,12) , ... bundles. The indifference curve with a utility of 120 0 has the equation 10DF =120 0, or DF =120 . Choose combinations of D and F whose product is 120 to find a few bundles. b. Graph...

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 ... )(0.9Q 1 ) - P 1 Q 1 = -0 .01P 1 Q 1 , or a 1 percent decline. Chapter 4: Individual and Market Demand 53 Therefore, sales revenue from computer chips decr...

Ngày tải lên: 23/12/2013, 14:15