## Hi, I need help since I am not feeling well. I need someone to answer the questi

Hi, I need help since I am not feeling well. I need someone to answer the questions in the attached document by selecting the correct answer choice and provide a brief explanation on the answer choice that you selected was correct. For the explanations please be sure to to use your own words and provide… Continue reading Hi, I need help since I am not feeling well. I need someone to answer the questi

## Hi, I need help since I am not feeling well. The first document that I attached

Hi, I need help since I am not feeling well. The first document that I attached titled ch_13 are the questions that I needed to be answered. The second document attempts to answer the questions in the first document and is titled ch_13_answer. I just need someone to check over the answers in the document… Continue reading Hi, I need help since I am not feeling well. The first document that I attached

## Professor’s extra explanation and hints: How do I solve for the Expenditure Fun

Professor’s extra explanation and hints: How do I solve for the Expenditure Function for those dang calculus-unfriendly utility functions in Question 1 ? Recall what the Expenditure Function, E(p1, p2, U), is supposed to represent: the minimum expenditure necessary for a consumer to be able to achieve consumption worth U utility given prices (p1, p2).… Continue reading Professor’s extra explanation and hints:
How do I solve for the Expenditure Fun

## Professor’s extra explanation and hints: How do I solve for the Expenditure Fun

Professor’s extra explanation and hints: How do I solve for the Expenditure Function for those dang calculus-unfriendly utility functions in Question 1 ? Recall what the Expenditure Function, E(p1, p2, U), is supposed to represent: the minimum expenditure necessary for a consumer to be able to achieve consumption worth U utility given prices (p1, p2).… Continue reading Professor’s extra explanation and hints:
How do I solve for the Expenditure Fun

## the elasticity of demand for a product is -0.5, while the elasticity of supply i

the elasticity of demand for a product is -0.5, while the elasticity of supply is +1.2. The equilibrium quantity is 1500 at a price of \$60. 1. Reconstruct linear supply and demand curves at the current price and quantity. 2. What impact would a \$20 tax have on the equilibrium? Calculate changes in P, CS,… Continue reading the elasticity of demand for a product is -0.5, while the elasticity of supply i