--%>

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 : Differentiate project feasibility study

    Differentiate between project feasibility study and project proposal?

  • Q : Explaination of balance of payment

    explaination of balance of payment identity

  • Q : Ratio of percentage changes in quantity

    The ratio of the percentage change within the quantity of beef sold over the percentage change within the price of pork is: (1) price elasticity of demand for beef. (2) price elasticity of demand for pork. (3) income elasticity of dem

  • Q : Production utilizing knowledge or

    I have a problem in economics on Production utilizing knowledge or technology. Please help me in the following question. Production necessitates utilizing knowledge or technology to apply energy to rise the: (i) Amount of resources accessible. (ii) In

  • Q : Differences in site values An acre of

    An acre of Manhattan is worth additional than an acre of prime Iowa farm land due to differences in: (1) perpetuities. (2) time preferences. (3) site values. (4) interest rates. (5) taxes. Can someone explain/help me with best solu

  • Q : Increases profits by marginal revenue

    Assuming which marginal revenue equals $4 and marginal cost equals $5, a monopolist could raise profits by: (w) lowering both price and output. (x) increasing both price and output. (y) increasing price and decreasing output. (z) decr

  • Q : Problem on competitive resource market

    The firm in a perfectly competitive resource market which consists of market (monopoly) power in its output market will hire the resources to a point where: (1) w = MRP. (2) VMP = MRP. (3) w = VMP. (4) MFC = w. Can someone please h

  • Q : Resources flowing toward industries in

    Resources tend to flow toward industries in the long run along with: (w) lower profits for typical firms. (x) more profit for typical firms. (y) lower payments to most resource owners. (z) more stable rates of technological change.

    Q : Depended price on present value The

    The prospects for getting rich by buying assets at prices substantially below their present values are dampened by the: (w) special advantages you have in securing investment information. (x) lack of competition for information regarding profit opport