名詞解釋
Income effect / Substitution effect 所得效果/替代效果
名詞解釋
Utility 效用
名詞解釋
Marginal rate of technical substitution (MRTS)邊際技術替代率
名詞解釋
Consumer surplus 消費者剩餘
Delineate the relation among the competitive equilibrium, Pareto efficiency, and (social)
welfare maxima.
Find the profit maximizing combination of inputs used by the firm. Check the
second order conditions.
If Q* denotes the optimal value of output produced by the firm and K* the optimal
amount of capital used, then show that ∂Q* /∂ r = −∂K* /∂p .
If A is endowed with 100 F and 50 M, and B is endowed with 20 F and 40 M,
compute the equilibrium. In your answer, you should include the equilibrium price
and quantities of F and M bought and sold by each
If there are 120 F and 90 M in the economy to be distributed between them,
compute the set of Pareto efficient allocation. Also draw an Edgeworth box to
illustrate your solution.
She is glad to hear that the government is going to implement the National Annuity
Program(國民年金制). Assume that under the new program, she is able to receive
m2 in her retirement without paying any cost (such as premium). Show her optimal
choice now and determine whether she would save more or less compared to (1).
She is glad to hear that the government is going to implement the National Annuity
Program(國民年金制). Assume that under the new program, she is able to receive
m2 in her retirement without paying any cost (such as premium).
Will she be better off or worse off if r goes down?
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