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Miracle C.

Macroeconomics

None

What is supply

Ravinder R.

Macroeconomics

1 day ago

What is marginal utility

Tristan K.

Macroeconomics

2 days, 20 hours ago

Suppose Universal Bank holds $100 million in assets, which are composed of the following: Required Reserves: $10 million Excess Reserves: $5 million Mortgage Loans: $20 million Corporate Bonds: $15 million Stocks: $25 million Commodities: $25million a. Do you think it is a good idea for Universal Bank to hold stocks, corporate bonds, and commodities as assets? Why or why not?

Tristan K.

Macroeconomics

2 days, 20 hours ago

Do you think it is a good idea for Universal Bank to hold stocks, corporate bonds, and commodities as assets?

Emmanuel M.

Macroeconomics

3 days, 2 hours ago

In a certain textile firm, labor is the only short term variable input. The manager notices that the marginal product of labor is the same for each unit of labo

Enes K.

Macroeconomics

3 days, 14 hours ago

Use the Jacobian to test for functional dependence in the following system of equations 5 marks y_1=6x_1+4x_2 y_2=7x_1+9x_2

Thomas R.

Macroeconomics

4 days, 6 hours ago

United Healthcare insures 200,000 people in Metropolis. These people average 2.5 physician visits per year. After analyzing claims data, United has determined that some of these visits were unnecessary. They want to raise their copayment by 10% in Metropolis to discourage physician visits. They estimate that the elasticity of demand for physician visits in Metropolis is -0.3. How much will visits to United physicians decline in Metropolis? What will happen to United’s copayment revenue (as a percent)? PhysiciansRUs is a physician practice in Metropolis. They have 20% of the market in Metropolis and 50% of their patients are insured by United Healthcare. These 10,000 United Healthcare patients average 2 visits per year. Their average net reimbursement per office visit from United is $80. (Treat this as the price they received.) PhysiciansRUs knows that the increased copayment will reduce their visits. How much will visits to PhysiciansRUs decline if the United copayment is increased 10%? What is their current revenue from United and what would their new revenue be? Based on their analysis, PhysiciansRUs has told United Healthcare that they do not support raising the copayment. United has responded by saying that they will increase the net reimbursement per visit to $85 to offset the reduced number of visits. Will the $85 net reimbursement compensate PhysiciansRUs for the reduced number of visits? Why? If not, what reimbursement amount would be sufficient to keep their United revenues constant? (To the nearest dollar.)

Rachael J.

Macroeconomics

4 days, 21 hours ago

Which of the following statements about the economic incidence of taxation is TRUE? I. If demand is elastic, producers will bear a greater burden of the tax than consumers. II. If supply is perfectly inelastic, producers will bear all the burden of the tax. III. If the supply curve is perfectly elastic, consumers will bear none of the burden of the tax.

Vee W.

Macroeconomics

None

How long is the grace period for direct loans and ffel program loans

Tian Y.

Macroeconomics

5 days, 14 hours ago

Ask for Solutions for Introduction to Modern Economic Growth(2009), exercise 8.16/8.17/8.18/8.26,plz

Nursyahirah B.

Macroeconomics

6 days, 10 hours ago

Describe some of the trade-offs faced by each of the following individuals: 1) Zahida whos is deciding which courses to take next semester 2) The CEO of hospital, who is trying to decide whether to build a neonatal intensive care facility 3) Chee Seng and Kumar, who are trying to decide what to do this weekend 4) A City Council Member, who is trying to decide how much to spend on a parking lot in town

Nursyahirah B.

Macroeconomics

6 days, 10 hours ago

Explain whether each of the following government activities is motivated by a concern about equity or concern about efficiency. In the case of efficiency, discuss the type of market failure involved: 1) Providing subsidies to paddy farmers 2) Regulating electricity rates 3) Evaluating mergers of malaysian banks 4) Giving free health care services 5) Providing national defence 6) Imposing fines on firms that pollute

Zhang Q.

Macroeconomics

None

Why would a country opt for free trade while some workers remain unemployed in the import-competing sector? Given real wage rate in Thailand is higher than that in Bangladesh, how would international trade affect real wages between them under a perfectly mobile labor movement? (From the Textbook, Chapter 4, Problem 1)

Jackline K.

Macroeconomics

6 days, 20 hours ago

Suppose there are two firms that produce a homogeneous good with market demand P = 100 ? Q. Each consumer buys only one unit of a good. Assume both firms face a constant marginal cost c = 28 and no fixed costs. (a) (2 points) If firms compete in prices in a Bertrand fashion, what are the optimal prices and total demand in this market? (b) (3 points) Denote the equilibrium prices you found in (a) by (p a 1 , pa 2 ). Suppose firms face the same cost structure, but now each firm can only produce up to Q = 36 units. If firm 1 sets p1 = p a 1 , can firm 2 increase profits by charging higher prices? (c) (3 points) Given the results in (a) and (b), can you conclude that the strategy profile (p a 1 , pa 2 ) is a Nash equilibrium with capacity limitations? Explain. (d) (5 points) Suppose instead both firms charge monopoly prices in this economy and split the market evenly. Given the demand function, how much each firm will produce? What are the equilibrium prices? Calculate each firm’s profits in this case. (e) (5 points) Suppose firm 1 continue charging the monopoly price you found in (d). Show that firm 2 can earn higher profits than in (d) if she decides to undercut prices. Is the strategy profile with both firms charging the monopoly price a Nash equilibrium with capacity limitations? Explain. (f) (7 points) (7 points) Suppose firm 2 continues undercutting prices as in (e). Show that firm 1 also has incentives to charge even lower prices than firm 2. For which values of p1 will firm 1 obtain higher profits undercutting firm 2, given firm 2’s price? Denote the lower bound of prices by ¯p. (g) (10 points) Finally, show that no firm will have incentives to charge prices below ¯p and above marginal costs. What can you conclude about the existence of a Nash equilibrium in this setting?

Emre C.

Macroeconomics

1 week ago

how can i calculate the c?

Nghia K.

Macroeconomics

1 week ago

if people hold amount of currency which equal half of demand deposits and banks maintain a reserve ratio of 10% what is the quantity of money? and the economy contain 2000 $5 bills

Trinh K.

Macroeconomics

1 week, 1 day ago

Are the goods and services that are not sold in markets (e.g. food produced and consumed at home) include in GDP?

Vitaliy V.

Macroeconomics

1 week, 1 day ago

The table given below shows the relationship between cigarettes consumed and lung cancer.

Khalida T.

Macroeconomics

1 week, 1 day ago

If a 30 percent change in price causes a 15 percent change in quantity supplied, then the price elasticity of supply is about

Mir S.

Macroeconomics

1 week, 2 days ago

aggredate demand

Anna P.

Macroeconomics

1 week, 4 days ago

How might governments use monetary policy to reduce the rate of inflation?

Anna P.

Macroeconomics

1 week, 6 days ago

In Macroeconomics: the following data relates to the economy of a country over a one year period. Subsidies is 1000.Gross domestic fixed capital formation is 2400. Exports of goods and services is 2000. Government final consumption is 3000. Property income from abroad is 300. Imports of goods and services is 2500. Value of physical decrease in stock is 10. Consumer's expenditure 8000. Capital consumption/Depreciation is 1500. Taxes on expenditure is 1750. Property income paid abroad is 500. Required to calculate the following from the above data: a. Gross domestic product at market price. b. Gross domestic product at factor cost. c. Gross national product at factor cost. Net national product at factor cost

Joy S.

Macroeconomics

1 week, 6 days ago

What is example of batna

Joy S.

Macroeconomics

2 weeks ago

After tax sales rate

Joy S.

Macroeconomics

2 weeks ago

How do you calculate tax using sales and tax rate

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