--%>
Assignment Help - homework help

Microeconomics

Question #2 Consumer Demand. How to answer questions from a-g iii. I belive the MRS is 2y/x for B. But not sure

   Related Questions in Microeconomics

  • Q : Diminishing Marginal utility principle

    Can someone help me in finding out the right answer from the given options. The experience that your very first kiss with a latest crush was more thrilling and satisfying than your 10th kiss 35 minutes later is an illustration of the: (i) Familiarity principle. (ii) N

    		•
  • Q : Unite to form cartels and share

    Oligopolies which unite to form cartels and share monopoly profits give an illustration of: (i) collusive behavior. (ii) territorial imperatives. (iii) mergers and acquisitions. (iv) non-collusive strategy. (v) corporate raiding.

    		•
  • Q : Supply curve The short-run industry

    The short-run industry supply curve is found by what?

    		•
  • Q : Determine the equilibrium prises When

    When both sellers and potential buyers suppose prices for rider lawn mowers to raise as summer approaches, in that case throughout March and April (in the short run), the equilibrium: (w) price falls but quantity changes are ambiguous. (x) price rises

    		•
  • Q : Individual demand and market demand

    Individual demand and market demand schedules: Individual demand schedule states the quantities required by an individual consumer at various prices.

    Q : Boosting total revenue by elastic price

    Price hikes for DVD games will boost total revenue providing the price is: (w) located on this demand curve. (x) above $30. (y) below $30. (z) below $25.

    Q : Problem of what to produce Describe the

    Describe the problem of What to produce?

    		•
  • Q : Discourage the formation of oligopolies

    A factor tending to discourage the formation of huge oligopolies in the past two or three decades would be: (w) vigorous enforcement of anti merger laws. (x) technological advances which tended to favor smaller companies. (y) computerized internal inf

    		•
  • Q : Market interest rate at break-even

    When land that rents for $100,000 yearly can be bought for $800,000 now, it will be a break-even investment when the market interest rate is: (i) 6%. (ii) 10%. (iii) 12.5%. (iv) 15%. (v) 8%. Can anybody suggest me the proper explan

    		•
  • Q : Illustration of Contestable Market The

    The probably of the following industries to be a contestable market is: (i) electricity generation. (ii) cellular telephone services. (iii) cable TV systems. (iv) natural gas service. (v) water and sewer services.