Economics 601 Harvey Lapan
Microeconomic Analysis I
Fall 2014
Problem Set No. 2
1.
Due by: September 11
1
1
Consider the greatest integer function f ( z ) : R R , which is denoted [ z ] . This functio
Economics 601
Microeconomic Analysis I
Harvey Lapan
Fall 2014
Problem Set No. 5 Due Thursday, Oct. 2, 2014
Finish problem set 4, question 8.
1. Duality and Convexity
(
)
2
2
(a) Consider the utility f
Economics 601, Microeconomic Analysis I
Fall 2013
Harvey Lapan
Midterm 2
Answer Any Three Questions
1. Answer all parts.
(a) Consider a utility maximizing consumer with utility function: U ( x1 , x2 ,
Economics 601, Microeconomic Analysis I
Fall 2013
Harvey Lapan
Midterm 1
Answer Any Three Questions; answer all parts to each question
1.
(33 points) Answer all parts
a. Consider a three good world, i
Economics 601 Harvey Lapan
Microeconomic Analysis I
Fall 2014
Problem set 3 due September 18, 2014
1. The CES utility function is a homothetic function, which means that the slopes of the indifference
Economics 601
Microeconomic Analysis I
Harvey Lapan
Fall 2014
Problem Set No. 4
1.
Due by: Thursday, September 25, 2014
Relationship Hicksian and Marshallian Demands: Given the utility function U ( x1
Economics 601, Microeconomic Analysis I
Fall 2013
Final Exam Answer Any Three Question
1. A monopoly producer has the following cost function: C ( q ) =
The market demand for the monopolists output is
Economics 601
Microeconomic Analysis I
Harvey Lapan
Fall 2014
Problem Set No. 1
Due by: Thursday, September 4
1. Consider the function f ( x1 , x2 ) x1 2 + x1 2 , for ( x1 , x2 ) in the domain D +
= 1
Economics 601, Microeconomic Analysis I
Fall 2011
Final Exam - Answer Any Three Questions
Harvey Lapan
1. Answer all parts.
(
)
a) A firm produces a single good, q, with production function F x1 , x2,
Economics 601, Microeconomic Analysis I
Fall 2011
Harvey Lapan
Midterm 1
Answer Any Three Questions
1. Answer all parts.
a. Assume U ( x1, x2 ) and W ( x1 , x2 ) are both increasing, quasi-concave fun
Economics 601, Microeconomic Analysis I
Fall 2012
Harvey Lapan
Midterm 1
Answer Any Three Questions; answer all parts to each question
1.
(33 points) Answer all parts
a. In a three good world, conside
Economics 601, Microeconomic Analysis I
Fall 2012
Harvey Lapan
Midterm 2
1. Answer all parts.
(a) Consider a consumer whose utility depends on three goods, x1 , x2 , x3 . Her Hicksian demand
for goods
Economics 601, Microeconomic Analysis I
Fall 2011
Harvey Lapan
Midterm 2
Answer Any Three Questions
1. Answer all parts.
(a) (Revealed preference) Assume the Weak Axiom of Revealed Preference (WARP) i
Economics 601, Microeconomic Analysis I
Fall 2012
Final Exam Answer Any Three Questions
Harvey Lapan
1. Consider a monopoly firm with cost curve: C q q , where costs are measured in terms of the
numer