Description
A?MICROECONOMIC?ANALYSIS?OF?A?MARKET.
a.?Pick?a?market.?By??market,??I?do?not?mean??financial?markets,???bitcoin?market??or
very?broadly??insurance?market?.?I?mean?actually?a?specific?good?or?service?that?is
provided?by?one?or?more?firms?and?purchased?by?a?large?number?of?national?or
international?customers.?So,?consider?for?instance,?sneakers?market,?retail
coffee?market,?gasoline?market?or?a?subsection?of?defense?industry.
b.?Investigate?the?market?demand.?Try?to?bring?in?to?discussion?as?many?factors?as
possible?that?shapes?it?(is?it?a?normal?good,?inferior?good?or?giffen?good;?what
are?its?substitutes?and?complements;?what?factors?determine?the?price?and
income?elasticity?of?demand).
c.?Investigate?the?market?supply.?What?types?of?firms?are?producing?here??What?is
the?technological?structure?of?the?firms??Does?the?decreasing?returns?to?scale
set?in?quickly?or?does?the?firms?display?increasing?returns?to?scale??Describe?the
labor?demand?of?a?typical?firm?in?the?market.?What?types?of?workers?do?they
hire??Skilled?or?unskilled??What?is?the?average?or?median?wage?rate?in?the
industry??What?is?the?managerial?structure?of?the?firms?in?the?industry??What?is
the?financial?structure?of?the?industry??Are?the?firms?publicly?traded?or?are?they
more?like?small?scale?family?business?type??Is?this?a?competitive?market?or?is?the
market?power?concentrated?in?the?hands?of?a?single?or?few?firms??Is?there?an
international?competition?
d.?What?types?of?market?failures?can?we?observe?in?this?market??What?are?the
potential?(negative?or?positive)?externalities?that?we?can?observe?in?this
market??What?sorts?of?information?asymmetries?may?exist?in?the?market??From
what?kinds?of?public?goods?does?this?market?(both?consumers?and?producers)
benefit?from??What?can?the?governments?do?in?order?to?make?up?for?these
market?failures?
EC?301?Madra
Tips:?Make?sure?that?your?analysis?is?based?on?sound?academic?research?and?thinktank
reports,?and?not?just?blogs.?You?may?use?some?of?the?articles?that?we?have
been?reading?and?commenting?on?on?the?Moodle?forum?as?an?inspiration?and?a
starting?point,?but?you?must?go?deeper?than?that.?You?should?use?academic
research?search?engines?that?are?available?at?the?library?website.?Some?of?the
sources?that?you?may?find?useful?are?Harvard?Business?Review,?Fast?Company,
Fortune,?The?Economist,?Financial?Times,?Wall?Street?Journal,?New?York?Times,
Mother?Jones,?Jacobin,?or?The?Nation.?When?you?find?academic?journal?articles
that?are?too?mathematical,?check?the?introduction?and?the?conclusion?and?see?if
there?is?any?worth?insight?you?can?glean?from?them.?Try?to?account?for?as?many
questions?as?possible?listed?above.?Treat?this?as?a?business?analysis?report?but?one
that?is?grounded?in?economic?concepts?and?theories.
Formating:?Whatever?citation?system?you?use,?you?must?use?consistently.?My
suggestion?is?to?go?to?Chicago?Manual?of?Style?and?study?the?Quick?Guide.
http://www.chicagomanualofstyle.org/tools_citationguide.html
The?most?appropriate?one?for?economists?and?social?scientists?is?the?(Author?Date)
system.?(It?is?the?second?tab.)
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Get The Answer MTH-2100 calculus 1 homework 3 questions.
Description
A?MICROECONOMIC?ANALYSIS?OF?A?MARKET.
a.?Pick?a?market.?By??market,??I?do?not?mean??financial?markets,???bitcoin?market??or
very?broadly??insurance?market?.?I?mean?actually?a?specific?good?or?service?that?is
provided?by?one?or?more?firms?and?purchased?by?a?large?number?of?national?or
international?customers.?So,?consider?for?instance,?sneakers?market,?retail
coffee?market,?gasoline?market?or?a?subsection?of?defense?industry.
b.?Investigate?the?market?demand.?Try?to?bring?in?to?discussion?as?many?factors?as
possible?that?shapes?it?(is?it?a?normal?good,?inferior?good?or?giffen?good;?what
are?its?substitutes?and?complements;?what?factors?determine?the?price?and
income?elasticity?of?demand).
c.?Investigate?the?market?supply.?What?types?of?firms?are?producing?here??What?is
the?technological?structure?of?the?firms??Does?the?decreasing?returns?to?scale
set?in?quickly?or?does?the?firms?display?increasing?returns?to?scale??Describe?the
labor?demand?of?a?typical?firm?in?the?market.?What?types?of?workers?do?they
hire??Skilled?or?unskilled??What?is?the?average?or?median?wage?rate?in?the
industry??What?is?the?managerial?structure?of?the?firms?in?the?industry??What?is
the?financial?structure?of?the?industry??Are?the?firms?publicly?traded?or?are?they
more?like?small?scale?family?business?type??Is?this?a?competitive?market?or?is?the
market?power?concentrated?in?the?hands?of?a?single?or?few?firms??Is?there?an
international?competition?
d.?What?types?of?market?failures?can?we?observe?in?this?market??What?are?the
potential?(negative?or?positive)?externalities?that?we?can?observe?in?this
market??What?sorts?of?information?asymmetries?may?exist?in?the?market??From
what?kinds?of?public?goods?does?this?market?(both?consumers?and?producers)
benefit?from??What?can?the?governments?do?in?order?to?make?up?for?these
market?failures?
EC?301?Madra
Tips:?Make?sure?that?your?analysis?is?based?on?sound?academic?research?and?thinktank
reports,?and?not?just?blogs.?You?may?use?some?of?the?articles?that?we?have
been?reading?and?commenting?on?on?the?Moodle?forum?as?an?inspiration?and?a
starting?point,?but?you?must?go?deeper?than?that.?You?should?use?academic
research?search?engines?that?are?available?at?the?library?website.?Some?of?the
sources?that?you?may?find?useful?are?Harvard?Business?Review,?Fast?Company,
Fortune,?The?Economist,?Financial?Times,?Wall?Street?Journal,?New?York?Times,
Mother?Jones,?Jacobin,?or?The?Nation.?When?you?find?academic?journal?articles
that?are?too?mathematical,?check?the?introduction?and?the?conclusion?and?see?if
there?is?any?worth?insight?you?can?glean?from?them.?Try?to?account?for?as?many
questions?as?possible?listed?above.?Treat?this?as?a?business?analysis?report?but?one
that?is?grounded?in?economic?concepts?and?theories.
Formating:?Whatever?citation?system?you?use,?you?must?use?consistently.?My
suggestion?is?to?go?to?Chicago?Manual?of?Style?and?study?the?Quick?Guide.
http://www.chicagomanualofstyle.org/tools_citationguide.html
The?most?appropriate?one?for?economists?and?social?scientists?is?the?(Author?Date)
system.?(It?is?the?second?tab.)
Previous answers to this question
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MTH-2100 calculus 1 homework 3 questions.
MTH-2100 calculus 1 homework 3 questions.
page 136-137 # 7, 16, 21, 34
7) Find the derivative of the function
9=(4x-1)^3
16) Find the derivative of the function
f(x)=∛(12x-5)
21) Find the derivative of the function
9=1/√(3x+5)
34) Find the derivative of the function
9(x)=(2+(x^2+1)^4 )^3
page 153 # 5, 9, 16
5) A point is moving along the graph of the given function at the rate dx/dt. Find dy/dt for the given values of x.
9=2^(x^2 )+1; ⅆx/ⅆt=2 centimeters per second
(a)x=-1(b)x=O(c)x=1
9) consider a liner function y=ax+b if x changes at a rate, does y change at a consistent rate? Is so, does it change at the same rate as x? explain?
16) all edges of a cube are expanding at a rate of 6cm per second. How fast is the surface area changing when each edge is (a) 2cm (b) 10cm
page 325 # 42, 48, 53, 62
42) Find the derivative of the function
f(x)=ln(x-1)
48) Find the derivative of the function.
y=M√(x^2-4)
53) Find the derivative of the function.
g(t)=Int/t^2
62) Find the derivative of the function
9=ln|cscx |
page 343-344 # 23, 27, 33, 72
23) use the derivative to determine whether the function is strictly monotonic on its entire domain and therefore has an inverse function.
f(x)=2-x-x^3
27) use the derivative to determine whether the function is strictly monotonic on its entire domain and therefore has an inverse function.
f(x)=ln(x-3)
33) show that f is strictly monotonic on the given interval and therefore has an inverse function on that interval.
f(x)=cosx[0,π]
72) (a) find the domains of f and f^(-1) (b) find the range of f and f^(-1) (c) graph f and f^(-1) (d) show that slops of the graphs of f and f^(-1) are reciprocals at
the given points.
f(x)=3-4x
page 352 # 34, 38, 39, 46
34) find the derivative
y=ⅇ^(-8x)
38) find the derivative
y=5ⅇ^(x^2+5)
39) find the derivative
y=ⅇ^x ln x
46) find the derivative
y=ln((1+ⅇ^x)/(1-ⅇx))
page 362 # 41, 44, 51
41) Find the derivative of the function
f(x)=x9^x
44) Find the derivative of the function.
f(t)=3^2t/t
51) Find the derivative of the function
9=log_5√(x^2-1)
page 372 # 40, 43, 49
40) Find the derivative of the function
f(t)=〖arcsin t〗^2
43) Find the derivative of the function.
f(x)=arctan e^x
49) Find the derivative of the function.
y=2x arccosX-2√(1-x^2 )
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