Problem Set 6
Microeconomics: 33001
Professor Owen Zidar
1. Monopoly with constant marginal cost
A monopoly operates in a market with (inverse) demand
P (Q) = 20
Q
5
The monopolys marginal cost is 10
Econ 21
Mathematical Review
Econ 21
Prof. Taubinsky
Mathematical Review
Question 1. For each function, calculate the derivative with respect to x:
1. f (x) = 17
2. f (x) = 5x3
3. f (x) = 3x1/3
4. f (x
ECONOMICS 21 MICROECONOMICS
Problem Set 2
Due July 18
1) Suppose a consumer is trying to decide how to spend her income. She spends her
income on three types of goods, clothing (C units), food (F unit
Dartmouth College
Department of Economics
Prof. Dmitry Taubinsky
ECONOMICS 21 MICROECONOMICS
Problem Set 1
Due Tuesday July 11
Write your name on the PS
Write the names of the members of your study gr
Dartmouth College
Department of Economics
Prof.
Josh Schwartzstein
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ECONOMICS 21 MICROECONOMICS
Problem Set 1 Solutions
1)
Arriving hungry and thi
Econ 21
Prof. Doyle
Spring 2016
M'-
Quiz 2
ANSWERS
Four questions. 100 points total. Answer all parts of all questions. Write your answers in this
booklet itse This is a closed-book exam. Students are
Econ 21
Prof. Doyle
Spring 2011
Four questions. 100 points total. Answer all parts of all questions. Write your answers in this
booklet itself. This is o. closedbook exam. Students are not authorize
Econ 21
Prof. Doyle
Winter 2015
Problem Set 9: Market Failures
Question 1. Read Moral Hazard article posted on Blackboard. What do you think of the
quote Moral Hazard is hogwash?
Question 2. Clare man
Econ 21
Prof. Doyle
Winter 2015
Problem Set 8: Monopoly and Oligopoly, plus a little Welfare
Question 1. Problem 14.1
Question 2. Problem 14.2
Question 3. Problem 14.3 In part c, compute the Lerner In
Econ 21
Prof. Doyle
Winter 2015
Problem Set 7: Profit Max and Equilibrium Models
Question 1. A firm faces a demand curve given by q = 100 2P . Marginal and average costs
for the firm are constrant at
Econ 21
Prof. Doyle
Winter 2015
Problem Set 6: Production and Costs
Question 1.
NS Problem 9.2.
Question 2.
NS Problem 9.4.
Question 3.
NS Problem 9.5 parts a-c.
Question 4.
NS Problem 9.7 parts a-b.
Econ 21
Prof. Doyle
Spring 2014
Problem Set 5: Game Theory
Question 1. Using the information found in Lecture 13, show that the optimal number of
sheep on the common is 60 (if you are a social planner
Econ 21
Prof. Doyle
Problem Set 2: Consumer Theory
Question 1. Chapter 3, Problem 1. Substituting using the implicit function theorem makes
these problems easier to solve.
Question 2. Chapter 3, Probl
Answers to Mathematical Review
Econ 21, Prof. Taubinsky
Problem Set 1 Answers
Page 1
Econ 21, Prof. Taubinsky
Problem Set 1 Answers
Page 2
Question 4
25
20
T (tax)
15
10
5
0
0
10
20
30
40
50
I (income
Problem Set 4
Microeconomics: 33001
Professor Owen Zidar
1. Long Run Supply Curves
Explain whether the following statement is True or False. In the long run, supply will
be more elastic if cost struct
Problem Set 5
Microeconomics: 33001
Professor Owen Zidar
1. Present Discounted Value
Please give a numerical answer to each question. You may round off your answer to
two decimal points. Assume that t
Problem Set 3
Microeconomics: 33001
Professor Owen Zidar
1. Wine and Cheese
Louis has stable preferences (the same every year) and consumes two goods, wine and
cheese. In 1994, the price of wine was $
Problem Set 1
Microeconomics: 33001
Professor Owen Zidar
1. Market for Bananas
Suppose that the supply of bananas can be represented by the following equation:
Qs = 2p + 2
Further suppose that the dem
.12 Slovenia 2013 World Economic Forum
T&T industry GDP growth forecast Absolute value
Percent of total (20132022) Note: For further
details and explanation, please refer to the section
How to Read th
tourists . 4.2 .81 5.04 Comprehensiveness
of T&T data (0120)* . 107.0 .6 5.05
Timeliness of T&T data (018)* .
17.5 .7 6th pillar: Air transport
infrastructure. 2.8 . 76 6.01 Quality
of air transport i
ASAs (038)* . 11.6 .59 1.06
Transparency of government policymaking .
4.8 .35 1.07 No. of days to start a
business* . 19 .80 1.08 Cost
to start a business, % GNI/capita* .
0.3 .3 1.09 GATS commitment