Eco 146 HW 5 - Due November 5th in class
Adam Biener
Answer Key
1. The following rms are attempting to engage in price discrimination. Identify whether
they are trying to engage in perfect price discr
Eco 146 HW 2 - Due September 17th in class
Adam Biener
1. 1. For each of the utility functions below, draw a set of indierence curves showing utility
levels U = 12, U = 16, and U = 24.
a. U = XY
b. U
Eco 146 HW 3 - Due February 25th in class
Adam Biener
1. Gumps Shrimp has the production function,
q = K 3/4 L1/4 .
Where q is the number of shrimp per hour, L is the number of workers and K is the nu
Eco 146 HW 1 - Due September 5th in class
Adam Biener
1. In a competitive market, the industry demand and supply curves are: P = 600 .8Qd
and P = 100 + 1.2Qs , respectively.
a. Find the markets equili
ECO 146
Applied Microeconomics
Spring 2013
Ernest Lai
Problem Set 4 Solution
Remark: This solution is meant to be a learning tool for you. It may be more comprehensive
than what you need in order to g
ECO 146
Applied Microeconomics
Spring 2013
Ernest Lai
Problem Set 2 Solution
Remark: This solution is meant to be a learning tool for you. It may be more comprehensive
than what you need in order to g
Economics 146 Online
Homework 1
1. In a competitive market, the industry demand and supply curves are: P = 600 - .8 Qd
and P = 100 + 1.2 Qs, respectively.
a. Find the markets equilibrium price and qua
Economics 146
Online
Homework 1 Answers
1. In a competitive market, the industry demand and supply curves are: P = 600 - .8 Qd
and P = 100 + 1.2 Qs, respectively.
a. Find the markets equilibrium price
Eco 146 HW 2 - Due September 17th in class
Adam Biener
Answer Key
1. For each of the utility functions below, draw a set of indierence curves showing utility
levels U = 12, U = 16, and U = 24.
a. U =
ECO 146
Applied Microeconomics
Spring 2013
Ernest Lai
Problem Set 3 Solution
Remark: This solution is meant to be a learning tool for you. It may be more comprehensive
than what you need in order to g
ECO 146
Applied Microeconomics
Spring 2013
Ernest Lai
Problem Set 1 Solution
Remark: This solution is meant to be a learning tool for you. It may be more comprehensive
than what you need in order to g
Lehigh University
ECO 146 017 (CRN: 41846)
Applied Microeconomics
Ernest Lai
Fall 2015
Mon/Wed, 2:35pm-3:50pm
RB 041
Course Objectives
Economists use theoretical models (simplied representations of th
Eco 146 HW 3 - Due October 8th in class
Adam Biener
Answer Key
1. Consider the production function,
q = K 2/3 L1/2
a. Does this rm have constant, increasing, or decreasing returns to scale?
Some facto
Eco 146 HW 5 - Due November 5th in class
Adam Biener
1. The following rms are attempting to engage in price discrimination. Identify whether
they are trying to engage in perfect price discrimination,
ECO 146
Applied Microeconomics
Spring 2013
Ernest Lai
Problem Set 8 Solution
Remark: This solution is meant to be a learning tool for you. It may be more comprehensive
than what you need in order to g
Economics 146
Summer 2005
Homework 3
1. Discuss: There are certain fixed costs when you own a plane, Agassi explained last week
during a break in the action at the Volvo/San Francisco tennis tournamen
Eco 146: HW 1 -Due Monday, September 13th in class
1. In a competitive market, the industry demand and supply curves are: P = 600 0.8Qd and P
= 100+1.2Qs, respectively.
a. Find the markets equilibrium
Essay Questions (Provide detailed answers in your blue books):
11. (25 points) Devin and Darron are planning to go skiing at Blue Mountain during their
vacation. Blue Mountain offers a daily ski pass
Eco 146 HW 1 - Due September 5th in class
Adam Biener
Answer Key
1. In a competitive market, the industry demand and supply curves are: P = 600 .8Qd
and P = 100 + 1.2Qs , respectively.
a. Find the mar
Eco 146 HW 5 - Due April 10th in class
Adam Biener
It is advisable to read through chapters 13 and 14 before attempting this
assignment.
1. Consider the simultaneous game detailed in the payo matrix b
Lehigh University
Department of Economics
Eco146
Fall 2010
Ch8 (Practice Questions)
Professor Shin-Yi Chou
1. The market demand schedule for noodles is as follows:
Price (dollars per case)
Quantity De
Eco 146 Quiz 1
Adam Biener
Answer Key
1. Krishnas utility function for coee (C ) and tea (T ) is,
U = CT 2 .
the price of a cup of coee is PC = $1, the price of a cup of tea is PT = $0.50, and Krishna
Solutions to Essay Questions on Second Preliminary Exam
11. (20 points) Suppose that Adam earns a base wage of $40/hr working at Dell Corp. and has
the following utility function defined over income:
ECO 146
Applied Microeconomics
Spring 2013
Ernest Lai
Problem Set 2
Due on 2/6 (Wed) in class
1. With a high stress job and an upcoming challenge to replace his position, Barry loves
to eat pomegranat
Eco 146 HW 4 - Due March 20th in class
Adam Biener
1. The following rms are attempting to engage in price discrimination. Identify whether
they are trying to engage in perfect price discrimination, (r
ECO 146
Applied Microeconomics
Spring 2013
Ernest Lai
Problem Set 7 Solution
Remark: This solution is meant to be a learning tool for you. It may be more comprehensive
than what you need in order to g
Eco 146 HW 1 - Due January 23rd in class
Adam Biener
1. In a competitive market, the industry demand and supply curves are: P = 600 .8Qd
and P = 100 + 1.2Qs , respectively.
a. Find the markets equilib
Lehigh University
ECO 146
Applied Microeconomics
Ernest Lai
Fall 2017
Note: The following lists the major topics in the textbook that we have covered. Insofar as
the exams are concerned, you are not r
ECO 146
Applied Microeconomics
Fall 2017
Ernest Lai
Problem Set 3
Due on 10/4 10/9 (Mon) in class
30
C
22.5
E
F
30
35 43 75
90
120
Figure 1: Joans indifference curves and budget lines
1. In Problem Se
ECO 146
Applied Microeconomics
Fall 2017
Ernest Lai
Problem Set 2 Solution
Remark: This solution is meant to be a learning tool for you. It may be more comprehensive
than what you need in order to get
ECO 146
Applied Microeconomics
Fall 2017
Ernest Lai
Problem Set 1 Solution
Remark: This solution is meant to be a learning tool for you. It may be more comprehensive
than what you need in order to get
ECO 146
Applied Microeconomics
Fall 2017
Ernest Lai
Problem Set 2
Due on 9/20 10/2 (Mon) in class
1. With a high stress job and an upcoming challenge to replace his position, Barry loves
to eat pomegr