I really need help from any one..because i have too many exams and every exam need time to study.. so if any one can help me i will be thankful for him ..

the teacher give us this site to watch one vedio and write report at least one paper..

http://members.ift.org/IFT/Education/EduResources/mediaresource.htm

You can choose any one..

I must give the report for the teacher on Wensday

I hope find help from any one..

Thank YOU

Anna

Hi everybody

 I have MicroEconomic Assignment and I need help from somebody who can help me .

please I need it before Tuseday .. If any one help me i will be thankful for him

this is the Questions

Question 1 - Government Intervention in a Market Economy (To answer this question, you should use your textbook and search engines such as google, excite, lycos and yahoo) 

Sometimes a government may intervene in a market economy and prevent that market from reaching its equilibrium price. One example of such an intervention is when a government sets a “price floor”. 

a.    What is a ‘price floor’? 

b.    State ONE reason why a government imposes a “price floor”. 

c.    Look at the table below. It shows the supply and demand schedules in the market for maize.  

At what price can the government set a price floor that would be binding or effective?  

 d. What is the effect of the price floor - does the price floor lead to a shortage or a surplus? Of how much? 

e. Suppose that instead of being the market for maize, this question was about the market for labour (for workers).  A price floor in this market is called the minimum wage and it has the same effect as a price floor in the maize market.  What specific name is given to this effect in the market for labour? 

Question 2 – The Theory of Consumer Choice

 Mariam divides her income between coffee and croissants (both of which are normal goods).  Cold weather in Brazil causes a large increase in the price of coffee in the UAE. 

a.    Draw 2 graphs, each showing the effect of the cold weather on Mariam’s budget line. Place coffee on the x-axis and croissants on the y-axis. No numbers are required.

 b.    Assume that when the price of coffee increases, the substitution effect for croissants is greater than the income effect.                     

On your first graph, show the effect of this on Mariam’s optimal consumption combinations (consumer equilibrium points) by including 2 indifference curves in the appropriate positions. Label the first equilibrium point co₁ and cr₁ and the second equilibrium point co₂ and cr₂.  

c.    Assume that when the price of coffee increases, the income effect is greater than the substitution effect for croissants.                     

On your second graph, show the effect of this on Mariam’s optimal consumption combinations (consumer equilibrium points) by including 2 indifference curves in the appropriate positions. Label the first equilibrium point co₁ and cr₁ and the second equilibrium point co₂ and cr₂.  

 Question 3 - Production The production schedule of Small Toys Ltd, a firm making plastic toys, is described by the following: 

  a.    Calculate the Average Product and Marginal Product of labour. 

b.    Draw the Average Product and Marginal Product curves on the same graph. Use graph paper. 

c.    From your graph, state what is the relationship between Average Product and Marginal Product when Small Toys Ltd produces less than 30 toys a week. 

d.    State what is the relationship between Average Product and Marginal Product when Small Toys Ltd produces more than 30 toys a week. 

e.    State what is the relationship between Average Product and Marginal Product when Small Toys Ltd produces 30 toys a week. 

Thanks..