Hello....my assignment.
102. Consider the following statements related to service delivery in India: 1. 'Aadhaar' will be used for guaranteed delivery of public services in India in the coming times. 2. Gol estimates a 40-50 per cent leakage in the PDS food grains which will supposedly stop after the * Aadhaar' gets implemented. 3. Subsidies on PDS kerosene and domestic LPG are borne by the Consolidated Fund of India. Which of the statements given above are correct? (a) 1 and 2 (b) 2 and 3 (c) 1 and 3 (d) 1, 2 and 3Problem 1. Suppose a firm faces a demand curve for its product P = a - bQ, and the firm's costs of production and marketing are C(Q) = cQ + d, where P is price, Q is quantity, and a, b, c, and d are positive constants. Find the following: a. The formula for profit II in terms of Q. b. The first order condition (FOC) for maximum profit. c. The second order condition (SOC) for maximum profit.42. Consider an entrepreneur engaged in a point-input-point-output wine-aging process. His initial cost is 20, the sales value of the wine is R(T) = 100v7, and the rate of interest is 0.05. How long is his optimal investment period?43. 'Greater Fool Theory' used in the stock market stands for : (a) A theory of analyzing the psychology of the investor in an over-valued stock (b) A theory, which explains someone buying over valued stocks with the conviction that a greater fool will be there to buy them. (c) A theory just opposite to the 'Castle-in-the air Theory (d) A theory, which analyses the situations under which technical analysts of stock market intellectually manipulate the select group of stock/shares100. Consider the following international economic organizations: 1. International Bank for Reconstruction and Development (IBRD). 2. International Finance Corporation (IFC). 3. International Fund for Agricultural Development (IFAD) 4. International Monetary Fund (IMF)32. Let the buyer and seller for the bilateral monopoly discussed in Sec 8.5 have the production functions q1 = 270q2 - 2q; and x = 0.25q; respectively. Assume that the price of q1 is 3 and the price of x is 6. (a) Determine the values of qr, p: and the profits of the buyer and seller for the monopoly, monopsony, and quasi-competitive solutions. (b) Determine the bargaining limits for pr under the assumption that the buyer can do no worse than the monopoly solution and the seller can do no worse than the monopsony solution.29. Let duopolist I, producing a differentiated product, face an inverse demand function given by pi =100 - 2q1 - q: and have the cost function Ci = 2.5q1. Assume that duopolist II wishes to maintain a market share of :. Find the optimal price, output, and profit for duopolist I. Find the output of duopolist II.3. Find the maximum values of the objective function F subject to the given constraint for each of the following, using the Lagrangian method. a F(x, y) = xy, subject to 5x + 2y = 20 b. F(x, y) = 2x 1/yl/2 subject to x3 + y= = 8 c. F(x, y. z) = xyz subject to x* + y' + z? = 12 d. F(x, y, z) = x + y + 2 subject to x* + y* + z* =12Problem ETH4. The trees in Forest I (another unusual forest - both biologically and in its nomenclature) grow such that the volume of timber at time t can be represented as f(t) = e' - 2. The annual real interest rate is 0.07, and the per-year opportunity cost of using the forest land to grow timber is 36000 platinum hexagons (PH). Each unit of timber can be sold at a price of 900 PH. Tlaloc becomes the owner of the forest at t = 7 years. What is his marginal benefit of waiting another year to cut the trees
