利物浦大学经济学原理课件3

利物浦大学经济学原理课件3

ID:16165652

大小:1.82 MB

页数:6页

时间:2018-08-08

利物浦大学经济学原理课件3_第1页
利物浦大学经济学原理课件3_第2页
利物浦大学经济学原理课件3_第3页
利物浦大学经济学原理课件3_第4页
利物浦大学经济学原理课件3_第5页
资源描述:

《利物浦大学经济学原理课件3》由会员上传分享,免费在线阅读,更多相关内容在行业资料-天天文库

1、ECON722Tutorial31.Supposethatatapriceof$400,300ticketsaredemandedtoflyfromIthaca,NewYork,toLosAngeles,California.Nowthepricerisesto$600,and280ticketsarestilldemanded.Assumingthedemandforticketsislinear,findthepriceelasticitiesatthequantity-pricepairs(300,400)an

2、d(280,600)2.ThemonthlymarketdemandcurveforcalculatorsamongengineeringstudentsisgivenbyP=100–Q,wherePisthepricepercalculatorindollarsandQisthenumberofcalculatorspurchasedpermonth.Ifthepriceis$30,howmuchrevenuewillcalculatormakersgeteachmonth?Findthepriceelastici

3、tyofdemandforcalculators.Whatshouldcalculatormakersdotoincreaserevenue?3.WhatpricemaximizestotalexpenditurealongthedemandcurveP=27–Q2?4.In2001,Xcost$3andsold400units.Thatsameyear,arelatedgoodYcost$10andsold200units.In2002,Xstillcost$3butsoldonly300units,whileYr

4、oseinpriceto$12andsoldonly150units.Otherthingsthesame,andassumingthatthedemandforXisalinearfunctionofthepriceofY,whatwasthecross-priceelasticityofdemandforXwithrespecttoYin2001?5.AccordingtoanarticleinChinaDaily,Chinarecentlyaccelerateditsplantoprivatisetensoft

5、housandsofstate-ownedfirms.ImaginethatyouareanaidetoasenatorontheForeignRelationscommitteeoftheU.S.Senateandyouhavebeenaskedtohelpthecommitteedeterminethepriceandquantitythatwillprevailwhencompetitiveforcesareallowedtoequilibratethemarket.Thebestestimatesofthem

6、arketdemandandsupplyforthegood(inU.S.dollarequivalentrates)aregivenbyQd=10–2PandQs=2+2Prespectively.Determinethecompetitiveequilibriumpriceandquantity.6.Basedonyouranswertoquestion5,oneofthesenatorsraisesaconcernthatthefreemarketpricemightbetoohighforthetypical

7、Chinesecitizentopay.Accordingly,sheasksyoutoexplainwhatwouldhappeniftheChinesegovernmentprivatizedthemarket,butthensetaceilingpriceattheChineseequivalentof$1.50.Howdoyouanswer?Assumethatthemarketdemandandsupplycurves(inU.S.dollarsequivalentprice)arestillgivenby

8、Qd=10–2PandQs=2+2P61.Usetheaccompanyinggraphtoanswerthefollowingquestions.a)SupposedemandisDandsupplyisS0.Ifapriceceilingof$6isimposed,whataretheresultingshortageandfullecon

当前文档最多预览五页,下载文档查看全文

此文档下载收益归作者所有

当前文档最多预览五页,下载文档查看全文
温馨提示:
1. 部分包含数学公式或PPT动画的文件,查看预览时可能会显示错乱或异常,文件下载后无此问题,请放心下载。
2. 本文档由用户上传,版权归属用户,天天文库负责整理代发布。如果您对本文档版权有争议请及时联系客服。
3. 下载前请仔细阅读文档内容,确认文档内容符合您的需求后进行下载,若出现内容与标题不符可向本站投诉处理。
4. 下载文档时可能由于网络波动等原因无法下载或下载错误,付费完成后未能成功下载的用户请联系客服处理。