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  • Economics Exam

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    Alexei Skopintsev
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    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.

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    This file has some questions on economics

    Original Title

    Economics exam

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    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
    Flag for inappropriate content
    Download as pdf or txt
    15 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
    Flag for inappropriate content
    Download as pdf or txt
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