Business

What would happen if the monopolist wants to maximize

QUESTION What would happen if the monopolist wants to maximizerevenue instead of profit? How does this affect the size of the deadweight loss? If the goal is actually to minimize deadweight loss, is it better to maximize profits or revenue? Explain your reasoning   ANSWER: REQUEST HELP FROM A TUTOR

Read full post

Date: September 2nd, 2020

CONSULTING PROJECT PRODUCTION DECISIONS AT HARDING SILICON ENTERPRISES, INC.

QUESTION CONSULTING PROJECT PRODUCTION DECISIONS AT HARDING SILICON ENTERPRISES, INC. Harding Silicon Enterprises, Inc. produces less than 1% of the world’s supply of 12 GB random access memory (RAM) chips for electronic devices. HSE’s RAM chips perform according to globally accepted performance standards for this type of silicon chip. HSE has hired you to do […]

Read full post

Date: September 2nd, 2020

The demand function for coffee is given by Dc

QUESTION The demand function for coffee is given byDc= 100−2pc+ 0.5ptand that for tea is given byDt= 120−pt+ 0.75pcwhere pc is the price of coffee and ptis the price of tea. The respective supplyfunctions areSc= 10 + pc+ 5wcSt= 5 + 2pt+ 2wtwhere wc and wtare the indexes of weather conditions affecting productionof coffee and […]

Read full post

Date: September 2nd, 2020

Consider the following model of the economy Production function

QUESTION AN LM Curve SHOCK!Consider the following model of the economyProduction function: Y = A·K·N – N2/2Marginal product of labor: MPN = A·K – N.where the initial values of A = 6 and K = 10. The initial labor supply curve is given as: NS = 30 + 4wInitial conditions in the goods marketCd = […]

Read full post

Date: September 2nd, 2020

SCENARIO #1 – AN IS Curve SHOCK! From General Equilibrium.

QUESTION SCENARIO #1 – AN IS Curve SHOCK! From General Equilibrium.Consider the following model of the economyProduction function: Y = A·K·N – N2/2Marginal product of labor: MPN = A·K – N.where the initial values of A = 6 and K = 10. The initial labor supply curve is given as: NS = 30 + 4wInitial […]

Read full post

Date: September 2nd, 2020

Consider the following model of the economy Production function

QUESTION GENERAL EQUILIBRIUM PROBLEMConsider the following model of the economyProduction function: Y = A·K·N – N2/2Marginal product of labor: MPN = A·K – N.where the initial values of A = 6 and K = 10.The initial labor supply curve is given as: NS = 30 + 4wInitial conditions in the goods marketCd = 120 + […]

Read full post

Date: September 2nd, 2020

taking a class in Alcohol, Drug Abuse & Social Behavior

QUESTION I m taking a class in Alcohol, Drug Abuse & Social Behavior. I need assistance in writing a paper on a personal reaction or response from attending an AA meeting. Paper has to be in APA format and 1-1/2 in page length. No reference needed. No plagiarism! Paper not due until October 9, 2015. […]

Read full post

Date: September 2nd, 2020