Education homework help. Consider an economy that consists of 1000 consumers and two goods. Let p1 be the price of good 1 and p2 that of good 2, where p1 ? 0 and p2 ? 0.Each individual consumer takes the prices as given and chooses her consumption bundle, (x1, x2) ? R 2 +, by maximizing the utility function U(x1, x2) = ln(x1 · x2), subject to the budget constraint p1 · x1 + p2 · x2 = 1000.a)Solve the system of first-order conditions to find the optimal values of x1 and x2. Your answer might depend on p1 and p2.b)Suppose the price of good 1 is equals 2, i.e., p1 = 2 and that of good 2 is 1, i.e., p2 = 1. Use your results from (a) to answer the following question: How many units of good 1 and good 2 does an individual consumer demand?c) Still assume that p1 = 2 and p2 = 1. What is the aggregate demand of good 1? What is the aggregate demand of good 2? That is, how many units of good 1 (good 2, respectively) do all 1000 consumers demand together? (Just sum up all the individual demands from (b)

Education homework help

Education homework help. Consider an economy that consists of 1000 consumers and two goods. Let p1 be the price of good 1 and p2 that of good 2, where p1 ? 0 and p2 ? 0.Each individual consumer takes the prices as given and chooses her consumption bundle, (x1, x2) ? R 2 +, by maximizing the utility function U(x1, x2) = ln(x1 · x2), subject to the budget constraint p1 · x1 + p2 · x2 = 1000.a)Solve the system of first-order conditions to find the optimal values of x1 and x2. Your answer might depend on p1 and p2.b)Suppose the price of good 1 is equals 2, i.e., p1 = 2 and that of good 2 is 1, i.e., p2 = 1. Use your results from (a) to answer the following question: How many units of good 1 and good 2 does an individual consumer demand?c) Still assume that p1 = 2 and p2 = 1. What is the aggregate demand of good 1? What is the aggregate demand of good 2? That is, how many units of good 1 (good 2, respectively) do all 1000 consumers demand together? (Just sum up all the individual demands from (b)

Education homework help

Sociology homework help. For this assignment, research the following:Lutefisk Bierocks Scrapple One of      your own choice from Appendix A (Foods) of the “Food Geography survey”      document posted on Blackboard. One of      your own choice from Appendix A (Restaurants) of the “Food Geography      survey” document posted on Blackboard.Guidelines:Your      assignment must have a cover page      with: your full name, course name & section, name of assignment, my      name, and date that you submit the assignment. The body of your paper should be in      paragraph form (not list form). Each food (1-4) should be separated into its own paragraph with a      sub-heading, for example: Lutefisk. Each food paragraph should be at least 100 words in length      (you will have 4 of these 100-word paragraphs). Your chosen restaurant (5) should also      be separated into its own paragraph with sub-heading, however, it only      needs to be a minimum of 75 words. For      each of your 4 foods provide a      picture of the food or dish. I      recommend using Google Images for this: http://www.google.com/imghp. You must provide the full web address      from which you get your picture in your works cited page. You      must also have a works cited      page. You must list all of the      sources that you use in your paper on the works cited page. You must put the information from      this sources in your own words. Using an author’s writing word-for-word or failing to list a      source is a violation of the college code on plagiarism. See the detailed guidelines and      instructions for sources and the works cited page below.Information to be included in the body of your assignment (paragraphs 1-4):What       is the food? What       is the geographic and cultural origin of the food? What       are the methods of diffusion into the United States? Where       in the United States is this food most likely found today?Information to be included in the body of your assignment (paragraph 5):What       type of food does this restaurant serve? Where       did the restaurant originate? In       what areas of the United States are these restaurants found today? Most restaurants provide a list of       locations on their official websites.Sources and Works Cited: If you      do a web search, Wikipedia will undoubtedly be one of your first      “hits.” Wikipedia is not a      reputable resource because, like any Wiki, anyone can edit it (and provide      false information). Most Wikipedia      pages do provide a list of references near the bottom with links to the      primary sources, so you may use those as sources if you wish. If you      need to know how to do your works      cited page, use this link for reference. It provides examples for      books, academic journal articles, newspapers, and websites: http://www.chicagomanualofstyle.org/tools_citationguide.html. If you are more comfortable using another      style like APA or MLA feel free to use that.Spelling, Grammar, and Punctuation:As      with all assignments for this class, make sure that you use standard rules      of spelling, grammar, and punctuation. Excessive errors (more than 2) will result in lost points.

Sociology homework help

Anthropology homework help. Write 11 page essay on the topic Economic Impacts of the Multi Fibre Agreement expiration in the EU Countries.Download file to see previous pages… The essay focuses on the economic side of the MFA expiration, while examining the importance of international trade and the use of protectionist policies in a globalized world. The concept of aggregate demand and supply is used to measure the impact of the changes on products and factors in the textile market. The essay also considers European protectionist measures that can be taken in the nearest future.The essay presents different cases, where other forms of protectionism have been created in developed countries especially in the European Union and the gap between beneficiary and non beneficiary developing countries of the opening of the international textile market.The WTO admitted that the MFA was a special regime outside the GATT rules and that WTO members have committed to remove those quotas by 1st January 2005. Nevertheless, the MFA was not negative for all countries. The US, for example, imposed no restrictions on imports from the poorest countries like Bangladesh, benefiting to a massive expansion of the textile industry there.Since the end of the quotas, the gap between developed and developing countries is not very clear. When some could believe that the dismantling of the MFA could have been a relief and a real opportunity for Southern countries, it appears that the situation is much more complex.There is one main reason for the difficulties facing the textile market within developing countries: competition. Each of developing countries wants to be part of this profitable business…. ist policies and we will use the concept of aggregate demand and supply to measure the impact of the changes on products and factors in the textile market.I. The consequences of the end of the MFA.1. Among developing countries.Since the end of the quotas, the gap between developed and developing countries is not very clear. When some could believe that the dismantling of the MFA could have been a relief and a real opportunity for Southern countries, it appears that the situation is much more complex.There is one main reason for the difficulties facing the textile market within developing countries: competition. As the international market is now wide open, each developing countries wants to be part of this profitable business. However, not all of them can compete with giants like China. According to apublication from the OECD “A New World Map in Textiles and Clothing” when the MFA was still in place, smaller developing countries took advantage of the quotas because this system penalised the more competitive suppliers. When the quotas from a country like China was reached, importers turned to less competitive suppliers located in countries that had spare export quotas and whose only advantage was low wage. Today, the less competitive developing countries re not called as back up because countries willing to import textile can only be supplied by one and only exporter, the most competitive: China. As we stated before, the main issue here is competition. What separates China from other developing countries id not only the competitive advantages of low wages.

Anthropology homework help