any econ majors out there?

11-04-2008 04:19 PM #1
thizzSantaCruz View Profile View Forum Posts Private Message View Blog Entries Join Date Oct 2006 Posts 1,883 Location Santa Cruz	any econ majors out there? i need some help! i would greatly appreciate it if you could look at problem 3 from the fall 2005 midterm and give me an idea of where to start. links here: http://people.ucsc.edu/~marion/class...ceproblems.pdf PM or aim me, would really appreciate it.
	Flopping quads and boats like its my job
Reply With Quote

11-04-2008 07:05 PM #2
swiggidy View Profile View Forum Posts Private Message View Blog Entries Join Date Sep 2005 Posts 7,876 Location Waiting in the shadows ...	Not an econ major. But, I would solve for Pj.
	(\__/) (='.'=) (")_(")
Reply With Quote

11-04-2008 07:24 PM #3
thizzSantaCruz View Profile View Forum Posts Private Message View Blog Entries Join Date Oct 2006 Posts 1,883 Location Santa Cruz	yea done I guess I get Pj=Pi-Pd but that seems way too easy, and if thats the case I'm not even sure why a utility function is given.
	Flopping quads and boats like its my job
Reply With Quote

11-04-2008 08:09 PM #4
swiggidy View Profile View Forum Posts Private Message View Blog Entries Join Date Sep 2005 Posts 7,876 Location Waiting in the shadows ...	If U = log(X) + 2*log(J + D) Then J = sqrt(10^U/X) - D So I expect the maths are wrong
	(\__/) (='.'=) (")_(")
Reply With Quote