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Questions and answers by
Evaristi Paulo
Questions (257)
What are the merit and demerit of infant mortality rate
0 answers
137 views
What are the merit and demerit of crude death rate
1 answer
246 views
Mention and explain the measure of mortality and state its merit and demerits.
1 answer
131 views
What are the merit and demerit of mortality
2 answers
141 views
Mention and explain measures of mortality and state merit and demerit of mortality
0 answers
140 views
Differentiate contractionary fiscal policy
from Expansionary fiscal policy What is discretionary fiscal policy?
1 answer
162 views
What are the limitation of fiscal policy??
1 answer
109 views
Explain the main weaknesses of using majority rule voting as the main decision rule
in government intervention programmes.
1 answer
131 views
Over half of Tanzanian adults have gained access to financial services through mobile money
service. The benefits of using mobile
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159 views
Barriers to reaching the competitive market equilibrium can matter for tax incidence. Explain
why is it more likely to see these
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127 views
Under competitive market it does not matter whether you use advalorem or specific tax but in
case of monopoly the effect of
1 answer
128 views
is argued that “Elasticity of demand and supply curves determines who bears the tax
burden regardless of whether a tax was
1 answer
194 views
It is argued that “Elasticity of demand and supply curves determines who bears the tax
burden regardless of whether a tax was
0 answers
158 views
It is argued that “Elasticity of demand and supply curves determines who bears the tax
burden regardless of whether a tax was
1 answer
148 views
It is argued that “Elasticity of demand and supply curves determines who bears the tax
burden regardless of whether a tax was
0 answers
156 views
It is argued that “Elasticity of demand and supply curves determines who bears the tax
burden regardless of whether a tax was
0 answers
139 views
After economics class one day,your friend suggests that taxing food would be a good way to raise
revenue because the demand for
1 answer
83 views
Evaluate the following two statements.Do you agree?Why or why not?
a)“If the government taxes land,wealthy land owners will
1 answer
105 views
Evaluate the following two statements.Do you agree?Why or why not?
a.“If the government taxes land,wealthy land owners will
1 answer
84 views
Public choice theory examines direct democracies and how well they translate the
preferences of their members into collective
1 answer
82 views
How does decision making in private and public sectors differ?
1 answer
125 views
Is the use of Pigovian tax more efficient on reduction of pollution (caused by production
of goods) than regulations? Discuss.
1 answer
125 views
The table below provides information about costs and benefits from the production of
pesticides that pollutes a lake used yatrout
1 answer
141 views
The table below provides information about costs and benefits from the production of
pesticides that pollutes a lake used yatrout
1 answer
122 views
In his book at the hand of man, Raymond Bonner argues that Africa should promote
hunting, charging large fees for permit to kill
2 answers
124 views
When the production of all goods and services is left to private markets, there is a
tendency to produce too much of some goods
1 answer
183 views
The text says that both non-rival and non-excludable public goods involve externalities.
a)Are the externalities associated with
1 answer
160 views
Your given the firm production function Y= L^0.5 , were Y is quantity of output, L number of labour.
a) find production demand
1 answer
164 views
Your given the firm production function Y= L½ , were Y is quantity of output, L number of labour.
a) find production demand
1 answer
153 views
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3
a)Suppose that immigration increases the
1 answer
186 views
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3
a)Suppose that immigration increases the
1 answer
173 views
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3
a) what fraction of income do capital and
1 answer
172 views
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3
a) what fraction of income do capital and
0 answers
252 views
Suppose that an economic production function cobb-douglas with parameter alpha = 0.3
a) what fraction of income do capital and
0 answers
169 views
Suppose that an economicbproduction function cobb-douglas with parameter alpha = 0.3
a) what fraction of income do capital and
1 answer
167 views
Consider the production function f(x1,x2) =X²,X². Does this exhibit
constant, increasing, or decreasing returns to scale? With
1 answer
174 views
1. Consider the production function f(x1,x2) =X²,X². Does this exhibit
constant, increasing, or decreasing returns to scale?
1 answer
140 views
If a firm had decreasing returns to scale at all levels of output and it
divided up into two equal-size smaller firms, what would
1 answer
159 views
What does the programme mean?
1 answer
98 views
What is programme?
1 answer
143 views
What is cartel?
1 answer
96 views
What cause monopolies?
1 answer
100 views
If D(p) = 100/p and c(y) = y2, what is the optimal level of output of
the monopolist? (Be careful.)
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161 views
If Sl (p) = p- 10 and S2(p) = p- 15, then at what price does the industry
supply curve have a kink in it? Show your working
1 answer
93 views
What is economic profits?
1 answer
99 views
What is the major assumption that characterizes a purely competitive
market?
1 answer
118 views
If the long-run cost function is c(y) = y2 + 1, what is the long-run supply
curve of the firm?
1 answer
144 views
A firm has a supply function given by S(p) = 4p. Its fixed costs are 100.
If the price changes from 10 to 20, what is the change
1 answer
109 views
A firm has a supply function given by S(p) = 4p. Its fixed costs are 100.
If the price changes from 10 to 20, what is the change
1 answer
152 views
If the supply curve is given by S(p) = 100 + 20p, what is the formula for
the inverse supply curve? Show your working
1 answer
163 views
If the supply curve is given by S(p) = 100 + 20p, what is the formula for
the inverse supply curve?
1 answer
197 views
A firm has a cost function given by c(y) = 10y2 + 1000. At what output
is average cost minimized?
1 answer
253 views
A firm has a cost function given by c(y) = 10y2 + 1000. What is its
supply curve? Show your work Clearly
1 answer
324 views
A firm has a cost function given by c(y) = 10y2 + 1000. What is its
supply curve?
1 answer
248 views
A consumer utility takes the following form, U(X1, X2)=min(aX1, X2) were "a" is a positive parameter.
a) find consumer demand
1 answer
164 views
An agent consumer quantity (X1, X2) of good1 and 2, she has utility U(X½,X½).
a) Derive MRS by calculating clearly b) Show the
1 answer
135 views
An agent consumer quantity (X1, X2) of good1 and 2, she has utility U(X½,X½).
a) Derive MRS b) Show the prefernce are convex
1 answer
135 views
Consider the following profit function has been obtained from technology that uses single input.
π(P, W)=P²W^B , were P is the
1 answer
120 views
Consider the following profit function has been obtained from technology that uses single input.
π(P, W)=P²W² , were P is the
1 answer
126 views
Consider the following profit function has been obtained from technology that uses single input.
π(P, W)=P²W² , were P is the
1 answer
180 views
Consider the following profit function has been obtained from technology that uses single input.
π(P, W)=P²W^B , were P is the
1 answer
152 views
Consider the following profit function has been obtained from technology that uses single input.
π(P, W)=P²W^B , were P is the
1 answer
123 views
Here there are sixteen (16) sentences, one is a core problem, some are effects (major and sub) of the problem and others are
0 answers
177 views
Here there are sixteen (16) sentences, one is a core problem, some are effects (major and sub) of the problem and others are
0 answers
164 views
If a consumer has a utility function u(x1, x2) = X,X⁴ , what fraction of
her income will she spend on good 2?
1 answer
270 views
Suppose that we were given a utility
function U(X1,X2)= X²,X² , What do its indifference curves look like?
1 answer
158 views
An agent consumer quantity (X1, X2) of goods 1 and 2. She has utility U(X1, X2)=X½,X½.
a) Derive the MRS and show your work
1 answer
140 views
An agent consumer quantity (X1, X2) of goods 1 and 2. She has utility U(X1, X2)=X½,X½.
a) Derive the MRS
1 answer
146 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
1 answer
194 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
1 answer
177 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
1 answer
183 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
1 answer
167 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
1 answer
130 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
0 answers
207 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
1 answer
127 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
1 answer
179 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
0 answers
162 views
Suppose that consumer has utility function U(X1, X2)=X½,X½. He originally face price (1,1) and has income 100. Then the price
1 answer
171 views
Consumer utility function taker the following form. U(X1, X2)=min(aX1, X2) were X is a positive number.
a)find consumer demand
1 answer
166 views
Consumer utility function taker the following form. U(X1, X2)=min(aX1, X2) were X is a positive number.
a)find consumer demand
1 answer
169 views
Clearly distinguish between the following pairs of concepts as used ina economics.
a)production possibility set and input
1 answer
112 views
Clearly distinguish between the following pairs of concepts as used ina economics.
a)production possibility set and input
0 answers
113 views
A short run equilibriam production function is given as Q= X½ were Q is output and X is input.
a)Let P represent output price
1 answer
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A short run equilibriam production function is given as Q= X½ were Q is output and X is input.
a) is the production function
1 answer
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A short run equilibriam production function is given as Q= X¹
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A short run equilibriam production function is given as Q= X
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Condition's for maximizing utility functions
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Utilities function and equitions with the budget constrains
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98 views
True or false? In the long run a firm always operates at the mini
mum level of average costs for the optimally sized plant to
1 answer
202 views
Which of the following are true? (1) Average fixed costs never increase
with output; (2) average total costs are always greater
1 answer
318 views
If a firm uses n inputs (n > 2), what inequality does the theory of
revealed cost minimization imply about changes in factor
2 answers
161 views
If a firm is producing where MP1/w1 > MP2/w2, what can it do to reduce costs but maintain the same output?
1 answer
141 views
If a firm is producing where MPlIw1 > MPz/wz, what can it do to
reduce costs but maintain the same output?
1 answer
114 views
Prove that a profit-maximizing firm will always minimize costs.
1 answer
160 views
A profitmaximizing competitive firm that is making positive profits
in long-run equilibrium (may/may not) have a technology
2 answers
220 views
If pMPl > wl, then should the firm increase or decrease the amount of
factor 1 in order to increase profits?
1 answer
127 views
Is maximizing a firm's profits always identical to maximizing the firm's stock market value?
1 answer
177 views
If a firm had decreasing returns to scale at all levels of output and it
divided up into two equal-size smaller firms, what would
1 answer
156 views
If a firm had everywhere increasing returns to scale, what would happen to its profits if prices remained fixed and if it
1 answer
137 views
In the short run, if the price of the fixed factor is increased, what will
happen to profits?
1 answer
130 views
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