Scribd Logo
Upload

Welcome to Scribd!

  • 18 views

    Economics Exam

    Uploaded by

    Alexei Skopintsev
    This document contains a homework assignment with multiple questions regarding consumer demand theory and welfare analysis. It involves calculating demand curves, price elasticities, consumer and producer surplus, and optimal tax/subsidy levels under different policy scenarios using Cobb-Douglas and CES utility functions to model consumer preferences. The student is asked to derive demand functions, find equilibrium prices, determine the impact of taxes and subsidies on consumer and producer welfare, and recommend the tax/subsidy levels that maximize social welfare.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Economics Exam

    Uploaded by

    Alexei Skopintsev
    18 views1 page
    This document contains a homework assignment with multiple questions regarding consumer demand theory and welfare analysis. It involves calculating demand curves, price elasticities, consumer and producer surplus, and optimal tax/subsidy levels under different policy scenarios using Cobb-Douglas and CES utility functions to model consumer preferences. The student is asked to derive demand functions, find equilibrium prices, determine the impact of taxes and subsidies on consumer and producer welfare, and recommend the tax/subsidy levels that maximize social welfare.

    Original Description:

    This file has some questions on economics

    Original Title

    Economics exam

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains a homework assignment with multiple questions regarding consumer demand theory and welfare analysis. It involves calculating demand curves, price elasticities, consumer and producer surplus, and optimal tax/subsidy levels under different policy scenarios using Cobb-Douglas and CES utility functions to model consumer preferences. The student is asked to derive demand functions, find equilibrium prices, determine the impact of taxes and subsidies on consumer and producer welfare, and recommend the tax/subsidy levels that maximize social welfare.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    18 views1 page

    Economics Exam

    Uploaded by

    Alexei Skopintsev
    This document contains a homework assignment with multiple questions regarding consumer demand theory and welfare analysis. It involves calculating demand curves, price elasticities, consumer and producer surplus, and optimal tax/subsidy levels under different policy scenarios using Cobb-Douglas and CES utility functions to model consumer preferences. The student is asked to derive demand functions, find equilibrium prices, determine the impact of taxes and subsidies on consumer and producer welfare, and recommend the tax/subsidy levels that maximize social welfare.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    -

    - 1
    2
    :
    : 14 2012 , .

    1. (15 ) CES: u(x1 , x2 ) = (xr1 + (a )xr2 )1/r


    M RSx1 x2 : (1) x2 x1
    (2) (, ,
    906) , M RS
    . , .
    2. -
    [0, 1], .., u(f, c) = f c1 , f , c  .
    (a) (10) () pf pc I
    , ?
    (b) (5) I pc .
    ( )?
    (c) (5) .
    ?
    ?
    (d) (10) ( ) , 1,
    [0, 1].
    .
    , < 1/2.
    (e) (20) , . f
    pf /2 ( f  - pf ).
    . .
    (
    ).
    (f) (15)
    , T ( ,
    I T ). ,
    ( , , , ).

    ?
    (g) (15)
    (e)  pc + tc . tc ,
    .
    ? ,
    ,
    ?
    (h) (5) , q = p.
    .
    (i) (  20 ) ,
     .
    ( , , ,
    f), , ,
    .
    ? : , ,  .

    You might also like