Homework Chapter 5 Bowling Scores
33. Write a complete C+ program to do the following: The main program
reads in and prints three bowling scores, score1, score2, and score3. It
then calls a series of functions to process these scores.
The main program cal
Chapter 4 hw with answers
Question 1
Johns MRS for reading books with watching movies is three movies per book
regardless of the amounts consumed.
a. Would he rather read two books and watch no movies, or read no books and
watch two movies?
Read two books
Economics 3311 CH 5
homework with answers
1.
value:
0.80 points
In each of the following cases, use the equation for the budget line to determine
the missing value- income, quantity, or price.
a. The price of bread is $0.50 per pound and the price of butt
Economics 3312 Practice Production Technology
1.
Consider the production function Q = 48L2 2L3 with associated
MPL = 96L- 6L2. At what value of L
a.
is average product at its maximum?
b.
is marginal product at its maximum?
c.
is total product at its maxim
Ch 6 HW
Question 1
Sam currently earns $30,000 per year. The government is considering a policy
that would increase Sam's income by 12 percent, but raise all prices by 8
percent. Assume Sam spends all his income.a. What is Sam's compensating
variation for
Ch 5 hw with answers
Question 1
In each of the following cases, use the equation for the budget line to determine
the missing value- income, quantity, or price.
a. The price of bread is $0.50 per pound and the price of butter is $0.25 per
ounce. Channing
Economics 3312 Worksheet 4
Production Technology
1.
Consider the production function Q = 48L2 2L3 with associated MPL = 96L6L2. At what value of L
a.
b.
c.
d.
e.
f.
2.
is average product at its maximum?
is marginal product at its maximum?
is total product
Economics 3312
Worksheet #1
1.
Suppose the demand function for pork can be written as follows:
d
Q = 163 20p + 20pb + 3pc + 2M
d
Where Q is the quantity of pork demanded (millions of pounds per year), p is the price of pork (dollars
per pound), pb is the
CHAPTER 14 HW
QUESTION 1
Juans demand function for ice cream cones is
at
prices below $5.00 and zero at prices equal to or above $5.00.Emilys demand
function for ice cream cones is
at prices below
$5.00 and zero at prices equal to or above $5.00. If the m
Economics 3312 Practice Worksheet Production Costs
1.
A firm producing baseball bats has a production function given by Q =
2K1/2L1/2. In the short-run, the firms amount of capital equipment is
fixed at K = 100. The rental rate for capital is r=$1, and wa
Chapter 8 HW
QUESTION 1
Suppose Noah and Naomi's short-run weekly production function for garden
benches is
where L represents the number of hours of labor employed. The wage rate is $10
an hour. What is their short-run cost function?
C = 50Q.
revised jrl
II. Markets & Pricing
A. Definition of a Market
1.
2.
3.
4.
5.
an institution for the orderly transfer of property
a clearinghouse of information on supply & demand
a mechanism for determining price
a mechanism for determining value
a mechanism for the ef
Intermediate Economics Theory (Final Study Guide)
1st Part
1. Completeness:
The consumer either prefers X to Y or is indifferent between them
2. Indifference Curve: A curve that shows all of the alternative consumption bundles that
the consumer likes equa
Economics 3312 Worksheet #2
1. Mr. Bolt, a car salesman, is forced by his employer to spend at least $50 of his weekly income of
$200 on clothing. Show that his utility level is lower than if he could freely allocate his income.
(Think of the consumption
Economics 3312 Worksheet #2
Theory of Consumer Choice
1.
(Adapted from exercise 4.2 on page 121 of text) Suppose there are only two types of food,
meat and bread. Draw indifference curves for the following consumers (put meat on the
horizontal axis, bread
CH 9 HOMEWORK
QUESTION 1
A price-taking firm's variable cost function is
where Q is its output per week. It has a sunk fixed cost of $6,000 per week. Its
marginal cost is
Instructions: Enter your answers as whole numbers.
a. What is its profit-maximizing
Ch 7 HW
Question 1
Pete and Mary run a firm that packs coffee beans. The number of pounds of
coffee they pack depends on the number of workers they hire. They are able to
hire workers for a fraction of a day. The number of pounds of coffee they pack in
a
CH 2 HW
Question 1
Consider the demand function for corn:
where Qdcorn is the amount of corn demanded per year in billions of bushels; Pcorn is
the price of corn per bushel; Ppotatoes and Pbutter are the price of potatoes and butter
per pound, respectivel