QUESTION Review Problems for Test 21. Which of the following are Hermitian operators?(a) XPy(b) XPx(c) HX(d) XPx X2. Evaluate the expectation value of Lx and L2 in the statey1 + 2i|ψ = √ |2 − 111z2+ √ |1011z3. An angular momentum system with l = 1 is prepared in the state1|ψ = √ |1114z3− √ […]
Date: September 2nd, 2020
QUESTION Mr Macleod likes to drink wine. He has the option to consume two different products, 1 liter ofred wine (X) or 1.6 liters of white wine (Y). X and Y are perfect substitutes. Each liter of winegives Mr Macleod 1 unit of utility.a) Write Mr Macleod utility function.b) Suppose that Px=5. Calculate the Marshallian […]
Date: September 2nd, 2020
QUESTION The widget market is competitive and includes not transaction costs. Five suppliers are willing to sell one wide at the following prices: $30, $29, $20, $16, and $12. Five buyers are willing to buy one widget at the following prices: $10, $12, $20, $24, and $29. What is the equilibrium price and quantity in […]
Date: September 2nd, 2020
QUESTION There are two firms in an industry, engaged in Cournot competition. The firms compete repeatedlyin successive time periods. Occasionally, one of the firms is required to produce a certain amount(due to production constraints). This amount is known to both firms before the other firm has thechance to choose its output. At other times, the […]
Date: September 2nd, 2020
QUESTION Open-Response Homework Problem 24.5 Sandra Bullock, taking on one of her more desperate roles, acceptsa part in an extremely mediocre movie. To make up for the ill-developed plot, the director chooses to increasethe quality of cinematography by actually shooting the film in orbit 40,000 meters above the surface of the earth.The effect is quite […]
Date: September 2nd, 2020
QUESTION Barriers to entry might include all of the following EXCEPTA) patents and copyrights.B) ownership of essential resources.C) government franchise.D) positive economic profits.2.Economies of scale may be a barrier to entry in a situation in whichA) only small-scale production can lower the average cost of production.B) only small-scale production can meet the constantly changing market […]
Date: September 2nd, 2020
QUESTION Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burnsâ power company has a monopoly for providing electricity in Springfield. His costs of upkeep are so high that he is consistently losing money.Show this outcome in a completely labeled graph. Clearly identify all parts of your graph, including […]
Date: September 2nd, 2020
QUESTION We observe the consumption behavior of a given consumer in 5 dier-ence price-income settings. The following table summarize prices andconsumption in each of these settings. There is only two goods.Setting p1 p2 x1 x2A 1 1 5 35B 1 2 35 10C 1 1 10 15D 3 1 5 15E 1 2 10 10a. […]
Date: September 2nd, 2020
QUESTION Purchasing and consuming food does usually not create an externality.However, suppose you arrive at a McDonaldâs at lunchtime and get in a long line to be served. By the time you reach the counter, there are 10 people in line behind you. Because the service is slow andyou decided to have a Big Maceach […]
Date: September 2nd, 2020
QUESTION BIOL 101STUDY GUIDE: QUIZ 2Quiz Preparation Tasks:4Your Answers and NotesComplexity II: Molecular Efficiency andVariety4.3 Carbohydrates: Structure and FunctionList the 4 classes of biomolecules and the class of monomers used as building blocks in thepolymers of each class.What 3 kinds of atoms does a carbohydrate contain?SugarsWhat 2 characteristics of sugars make them members of the […]
Date: September 2nd, 2020
