Find the production schedule for the technology matrix and demand vector given below: 0.1 0.3 0.4 A ГО.1 0.1 0.2 0.4 D = 5 0.1 0.1 3 X =
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Q: Find the production schedule for the technology matrix and demand vector given below: 0.5 0.1 A = D…
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- 23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes 1/2 of the food and 1/3 of the manufactured goods. Manufacturing consumes 1/2 of the food and 2/3 of the manufactured goods. Assuming the economy is closed and in equilibrium, find the relative outputs of the farming and manufacturing industries.What is a carrying capacity? What kind of model has a carrying capacity built into its formula? Why does this make sense?Find the production schedule for the technology matrix and demand vector given below:
- Use this data and and generate a model of the annual maintenance expenses based on the age of the bug. If my bus is 4.1 years old, what are the projected annual maintenance costs? (Enter a whole number) Age of Bus (years) Annual Maintenance Cost ($) 2.4 350 2.3 370 2.4 480 3.1 520 3 590 5.8 550 4.8 750 3.8 800 3.6 790 4.9 950 5.5 915Find the Consumers' and Producers' surplus at equilibrium for the market with the supply and demand functions below.How might the competitive-hunter model be validated? Include adiscussion of how the various constants a, b, m, and n might beestimated. How could state conservation authorities use the modelto ensure the survival of both species?
- The per capita consumption of breakfast cereal in the US has the following model that appears below...Two pumps capable of delivering 100 hp to an agricultural application are being evaluated in a present economy study. The selected pump will only be utilized for one year, and it will have no market value at the end of the year. Pertinent data are summarized as given follows. If electric power costs $0.10 per kWh and the pump will be operated 4,000 hours per year, which pump should be chosen? Recall that 1 hp = 0.746 kW.Use the basic equation for the capital asset pricing model (CAPM) to Find the risk-free rate for a firm with a required return of 15% and a beta of 1.25 when the market return is 14%
- Suppose that business travelers and vacationers have the following demand for airline tickets from Karachi to Dubai: Price $150 $200 $250 $300 Quantity Demanded (Business Travelers)2100 Tickets 2000 1900 1800 Quantity Demanded (vacationers)2100 Tickets 2000 1900 1800 a. As the price of tickets rises from $150 to $200, what is the price elasticity of demand for (i) business travelers and (ii) vacationers? (Use the midpoint method in your calculations.) b. Why might vacationers have a different elasticity from business travelers? c. What would you recommend based on the above information for airline to increase the revenue?The price-demand and cost functions for the production of microwaves are given as(a) Calculate the Marshallian demands for x and y.(b) Find and interpret the income elasticity of demand for x and for y. (c) Find and interpret the own price elasticity of demand for x and for y.(d) Find and interpret the cross price elasticity of demand for x and for y.