subject
Business, 18.12.2020 17:00 nsankey8032

There are 1 unit of consumers. There are 1 unit of firms. There are three goods: good 0, good 1, good 2. Good 0 is an inconsumable input whereas good 1 and 2 are consumable outputs. Each firms has access to two production functions f1 and f2. F1(z1) = 2z1 turns z1 units of good 0 into 2z1 units of good 1. F2(z2) = 2z2 turns z2 units of good 0 into 2z2 units of good 2. Find the competitive equilibrium consumption levels.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 21:00
You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank
Answers: 3
question
Business, 22.06.2019 23:00
If the reserve requirement is 10 percent, what amount of excess reserves does a bank acquire when a business deposits a $500 check drawn on another bank?
Answers: 2
question
Business, 23.06.2019 00:30
Shelly bought a house five years ago for $150,000 and obtained an 80% loan. now the home is worth $140,000 and her loan balance has been reduced by $12,000. what is shelly's current equity?
Answers: 3
question
Business, 23.06.2019 08:00
Why do you think the federal government commits so much time and so many resources to supporting small businesses when they make less of a contribution to the overall economy than large corporations?
Answers: 1
You know the right answer?
There are 1 unit of consumers. There are 1 unit of firms. There are three goods: good 0, good 1, goo...
Questions
question
Mathematics, 28.01.2021 06:20
question
Mathematics, 28.01.2021 06:20
question
Mathematics, 28.01.2021 06:20
question
Mathematics, 28.01.2021 06:20
question
English, 28.01.2021 06:20
Questions on the website: 13722367