Compiti ed esercitazioni VERIFICATO
Esercitazione
82 visualizzazioni
9 download
Nessun voto ancora
Stai vedendo l'anteprima delle prime pagine. Il file completo è gratis: registrati per leggerlo tutto.
Di cosa parla
- Exam Structure: The exam comprises four multiple-choice questions (1.5 points each), two detailed exercises (6 points each), a graphical analysis comment (6 points), and two open questions (6 points).
- Multiple-Choice Questions:
- Calculates price elasticity of demand (Q = 120 – 3P at P = 20).
- Analyzes the impact of a production ban on the demand curve.
- Determines market supply for 100 identical firms (each supplying 10 units at any price).
- Calculates producer surplus (market supply P = 5 + Q at P = 10).
- Exercise 1 (Monopoly): Examines a single bakery with cost function TC = 605 + 20Q + 3Q² and demand P = 240 – 2Q. Tasks include drawing curves, calculating profit, identifying equilibrium, and determining the socially optimal quantity.
- Exercise 2 (Perfect Competition): Focuses on the market for diving tanks (Q = 200 – P) with 20 identical firms (TC = 10 + 20q + 5q²). Tasks involve calculating equilibrium price and quantity, and total producer surplus.
- Graphical Analysis (Intertemporal Choice): Interprets a graph showing Julia's consumption choices under different interest rates (10% and 78%) with income in period 2. Explains how her choices vary.
- Open Questions (Market Failure):
- Explains the meaning of market failure, describes its four main causes, and discusses possible solutions.
- Requires providing an example of market failure and proposing a solution.
Questo appunto è gratis. Registrati in 30 secondi per leggere tutte le pagine e scaricarlo.