QUESTION BASED ON URBAN ECONOMICS.

Using utility theory for transportation give a graphical representation when number of vehicles on roads in a city stays fixed when there is an imposition of a congestion tax during peak period travel.

  7. What IS a drop in Supply, exactly?  

8. What happens to price and quantity when the Supply curve drops? Why

Evaluate the U.S. public health policy responses to the COVID-19 pandemic. Consider issues such as virus testing, availability of medical supplies, contact tracing, social distancing, and restrictions on economic activity, social gatherings, and travel as well as any others you think important. Were U.S. policies appropriate and effective and why? What, if anything should the U.S. have done differently and why?

Relate the importance of the United States Constitution and the Bill of Rights to our democracy.

Let E denote units of domestic currency per unit of foreign currency; P, P* the domestic and foreign price index, respectively.

Fill in the missing elements of the table above and answer the following questions:

(a) Between which years did the domestic nominal exchange rate change?

(b) Bewteen which years did the domestic real exchange rate change?

(c) Did the domestic nominal exchange rate depreciate or appreciate bwtween year 1 and year 5?

(d) Did the domestic real exchange rate depreciate or appreciate between year 1 and yaer 5?

If aggregate demand decreases and short run aggregate supply remains the same then what will happen to price levels? Group of answer choices

A) Stay the same

B) Increase

C) Decrease

D) Remain constant

2) If short run aggregate supply decreases and aggregate demand stays the same then what happens to price levels?

Group of answer choices

A) Increase

B) Decrease

C) Stay the same

D) Remain constant

3) Which of the following best describes the economy during time of very high unemployment?

Group of answer choices

A)The economy is operating to the right of the Potential GDP curve

B) The economy is operating to the left of the Potential GDP curve

C) The economy is operating on the intersection of the Potential GDP curve

D) The aggregate supply curve is downward sloping

Art galleries, museum, road and bridges are usually provided by government. What happen     when access to these goods become congested? Should the government begin to start charging a fee? Why or why not

Every month you spend $1500 on education and the rest of your income is used for the consumption of other goods. On the unforeseen circumstance of COVID-19, the government ensures no change in your income through a cash transfer to your nominated bank account. At the same time, the university provides you a $1000 voucher to use for your education expense only. If your preference pattern satisfies all textbook assumptions, in a diagram, show the effect of the voucher on your optimal consumption. If, instead of a account, will you be better off? How will your answer be different if your education expense is $900 instead of $1500? Explain the diagram

Apple has used multiple channels to distribute its range of Airpod headphones in the past. Given that marketers seek to exceed customer service expectations at a price that ensures profits and positive cash flow, what distribution related trade-offs do you think the company should consider when evaluating its current distribution strategy?

Apple has used multiple channels to distribute its range of Airpod headphones in the past. Given that marketers seek to exceed customer service expectations at a price that ensures profits and positive cash flow, what distribution related trade-offs do you think the company should consider when evaluating its current distribution strategy?

C(w,r,x) = x w^2/3 r^1/3

a) How do I find the conditional demand functions for labour and capital? And then, how do I find the underlying production function? T

Thank you

Governments are in the business of providing information to potential buyers. The first serious provision of information on the health consequences of tobacco use appeared in the United States Report of the Surgeon General in 1964. (a) How would you represent this intervention in a supply and demand for tobacco diagram? Draw a graph to compare the outcomes before and after the intervention. (b) Did this intervention correct a market failure? Briefly explain.