DCC 703: Micro and Macroeconomic Analysis Exam Questions

The demand function of a profit maximizing monopolist is 30 = 15 - ______

And his average cost function is AC - Q - 6-0 1. 11. اسلام

Calculate the output ( Q ) at which profits ( TT ) will be ______

It a tax of t per unit of quantity produced is imposed on the monopolist, calculate the output ( Q ) at which profits will be ______ when t = 5

The difference curve of a consumer takes the form K = X0.4 Yo.6 Where K represents a constant level of utility and X and Y are two goods. If K = 9 , P₁ = 2 and Py < = 3 Show that this indifference curve slopes downwards from left to ______

Assuming the consumer wishes to achieve the level of satisfaction given by this indifference curve, calculate the minimum level of income which is necessary to achieve this and express the budget line in algebraic ______