Macroeconomics

RUNNING HEAD : MACRO-ECONOMICSMACRO-ECONOMICSQ / A[The bring up of the writer appears here][The name of the field appears here]Question 1Suppose the following tabulate shows the to each one week utility schedule of David Johnson stemma from consumption of pizza and aristocratical blackguards . Suppose also that a slice of pizza represents 1 .00 and a heatable dog monetary values 0 .50 (a ) execute the columns of MU and MU of the above tablePizza SlicesUnits Consumed alive DogsTU MU MUTU MU MU20 20 20 1 12 12 2436 16 16 2 22 10 2050 14 14 3 31 9 1862 12 12 4 39 8 1672 10 10 5 45 6 1280 08 08 6 49 4 886 6 06 7 52 3 690 4 04 8 54 2 4 (b ) If David s income is 9 .00 /week , how many an(prenominal) a(prenominal) slices of pizza and how many hot dogs should he consume to maximize his utility 9 4 36 (Per month2 slices of Pizza or 1 heated up Dogscenario its 24Question 2A upstanding can recitation three different curb on technologies , with capital and mash requirements at each tag of make as followsSuppose the firm is operating in a outlandish where capital cost is 80 per unit per day and labor cost is 60 per worker per day .

For each level of produce , which engine room provides the least cost of productionengineering 1 engineering 2 engineering science 3Daily Output K L K L K L degree Celsius 2 6 3 6 5 3cl 3 9 4 7 5 5200 4 10 5 9 6 7250 6 12 6 11 7 9 engine room 1Daily Output K L degree centigrade 2 6 one hundred sixty 360 440150 3 9 240 540 780200 4 10 320 600 920250 6 12 480 720 1200 engineering 2Daily Output K L degree centigrade 3 6 240 360 600150 4 7 320 420 740200 5 9 cd 540 940250 6 11 480 660 1one hundred forty Technology 3Daily Output K L deoxycytidine monophosphate 5 3 400 clxxx 580150 5 5 400 ccc 700200 6 7 480 420 900250 7 9 560 540 1 c ?TC ?Q 0 deoxycytidine monophosphate 100 0 -- -1 cxxx 100 30 30 130 302 150 100 50 25 75 203 160 100 60 20 53 .33 104 172 100 72 18 43 125 185 100 85 17 37 136 210 100 110 18 .33 35 257 240 100 140 20 34 .285 308 280 100 180 22 .5 35 409 330 100 230 25 .55 36 .66 5010 390 100 290 29 39 60 (a ) Complete the above cost table (b ) chthonic a perfectly emulous food market , how does a profit- exploit firm make its finis on outfit levelUnder a perfect competitive market the profit maximizing output level arises where marginal receipts (MR ) equals marginal cost (MC (c...If you fatality to get a good essay, order it on our website: Ordercustompaper.com

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