Please provide the correct choice and a BRIEF explanation for your choice. If the question is quantitative, just
show your computations.
1. The Interior Department recently announced that it will increase the entrance
fees at Yellowstone National Park in
Mathematical Economics - Exam 2 (Fall 2015) answer key
Instructions: In all proofs and analytical problems, be thorough, be careful and be sure to explain each
step. Often, when an error is made, partial credit depends on whether I can follow the reasonin
Mathematical Economics - Exam 2 (Spring 2015)
Instructions: In all proofs and analytical problems, be thorough, be careful and be sure to explain each
step. Often, when an error is made, partial credit depends on whether I can follow the reasoning. The
to
Mathematical Economics - Exam 2 (Spring 2015) answer key
Instructions: In all proofs and analytical problems, be thorough, be careful and be sure to explain each
step. Often, when an error is made, partial credit depends on whether I can follow the reason
Mathematical Economics I
12. Constrained Optimization II
Fall 2015
(University of South Florida)
Math Econ 1
Fall 2015
1 / 12
Constrained Optimization II
The Meaning of the Multiplier (Chapter 19.1)
Return to the simplest constrained optimization problem:
Mathematical Economics I
10. Calculus of Several Variables
Fall 2015
(University of South Florida)
Math Econ 1
Fall 2015
1 / 12
Functions of Several Variables
Euclidean Spaces (Chapter 10.1)
The simplest geometric object is the real line - every real numb
Mathematical Economics I
11. Denite Matrices. Unconstrained Optimization.
Fall 2015
(University of South Florida)
Math Econ 1
Fall 2015
1 / 16
Denite and Semidenite Matrices
Denite Symmetric Matrices (Chapter 16.2)
Recall: for a one variable function f ,
Mathematical Economics I
12. Constrained Optimization I
Fall 2015
(University of South Florida)
Math Econ 1
Fall 2015
1 / 27
Constrained Optimization I
Introduction
Economics is often dened as the study of the optimal allocation of
scarce resources.
The w
Mathematical Economics I
7. One Variable Calculus. Applications.
Fall 2015
(University of South Florida)
Math Econ 1
Fall 2015
1 / 12
One-Variable Calculus: Applications
Using the First Derivative for Graphing
Positive/negative derivative implies increasi
Mathematical Economics I
8. One Variable Calculus. Chain Rule
Fall 2015
(University of South Florida)
Math Econ 1
Fall 2015
1 / 12
One-Variable Calculus: Chain Rule
Composite Functions
If g and h are two functions on R, the function formed by rst
applying
Mathematical Economics I
9. One Variable Calculus. Exponents and Logarithms
Fall 2015
(University of South Florida)
Math Econ 1
Fall 2015
1 / 16
Exponents and Logarithms
Exponential Functions
An exponential function is a function in which the variable x
a
Mathematical Economics - Exam 2 (Fall 2015)
Instructions: In all proofs and analytical problems, be thorough, be careful and be sure to explain each
step. Often, when an error is made, partial credit depends on whether I can follow the reasoning. The
tota
Mathematical Economics - Exam 1 (Spring 2015)
Instructions: In all proofs and analytical problems, be thorough, be careful and be sure to explain each
step. Often, when an error is made, partial credit depends on whether I can follow the reasoning. The
to
Homework Exercise 3
ECO6005: Economic Concepts
Please turn in ONLY the Answer Sheet
Multiple Choices (2 points each)
1. The cross-price elasticity of demand between goods X and Y
a. measures the responsiveness of the quantity of X demanded to changes in t
ECON 303
Test 1, 100 points
Fall 2005
Answer all questions
1. The Tire-Iron Corporation has fouled the Chesapeake Bay with its emissions of
Scrap Iron Particles. The EPA has estimated the following costs and benefits of
removing the emission build-up from
Homework Exercise 4
ECO6005: Economic Concepts
Submit homework online through Canvas
Multiple Choice (2 points each)
Fill in the missing values and answer questions 15.
Average
Total
Cost
Total
Fixed
Cost
Total
Variable
Cost
Fixed
Cost
Variable
Cost
Total
Homework Exercise 1
ECO6005: Economic Concepts
Please turn in ONLY the Answer Sheet
Multiple Choice (2 points each)
1. A risk premium
a. is subtracted from the discount rate when calculating the present value of a future stream of
risky profits.
b. accoun
Homework Exercise 2
ECO6005: Economic Concepts
Please turn in ONLY the Answer Sheet
Multiple Choice (2 points each)
1. Which of the following would lead to a DECREASE in the demand for tennis balls?
a. An increase in the price of tennis balls
b. A decreas
Definition of economics
study of how human beings coordinate their wants and desires, given
the decision-making mechanisms, social customs, political realities of that
society.
Explicit Costs - Monetary opportunity costs of using market supplied
resourc
ANSWER Key for Homework Exercise 2
Multiple Choice (10 points total)
1. D
2. D
3. D
4. A
5. D
Fill-in-the-Blank (24 points total)
1.
2.
3.
a.
increase
b.
decrease
a.
supply
b.
decrease
a.
2,000
; 1.00
b.
2000
; 0.30
c.
0.50 ; 4,000
d.
shortage; 2,800
1
Managerial Analysis Final Assignment
Fall 2017
Group 10
Melissa Thammavongsa
Scott Letasi
Managerial Analysis Final Assignment
Fall 2017
1. At Lou's Big City Parking Garage, Lou incurs marginal cost of $1 (MC=$1.00) per customer per hour. Because MC is co
Mathematical Economics - Exam 1 (Fall 2015)
Instructions: In all proofs and analytical problems, be thorough, be careful and be sure to explain each
step. Often, when an error is made, partial credit depends on whether I can follow the reasoning. The
tota
Mathematical Economics - Exam 1 (Fall 2015)
Instructions: In all proofs and analytical problems, be thorough, be careful and be sure to explain each
step. Often, when an error is made, partial credit depends on whether I can follow the reasoning. The
tota
Mathematical Economics I
6. One-Variable Calculus: Foundations
Fall 2015
(University of South Florida)
Mathematical Economics I
Fall 2015
1 / 24
One-Variable Calculus: Foundations
Introduction
A central goal of economic theory is to express and understand