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Compare it with the amount that a profit maximizing, price taking firm would produce What is the opportunity cost to the federal government. If the Bureau maximized profits rather tahn recovered cost, what could it do with the additional money
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the busi..
The Gauss-Markov theorem states that OLS estimates are BLUE. List what word each letter in the acronym BLUE stands for. Then, give an intuitive definition for each of these words ?
Elucidate how much will each worker have to pay per unit to provide the socially efficient quantity.
Suppose the logging industry forms a union that requires longer apprenticeships and charges high fees to its members. Discuss the reasons why loggers might place these stipulations on union members. What are the loggers hoping to achieve?
Evaluate the strength of your brgaining position for each option. Which of these would be the most advantageous?
Evalute the probability that the company A defaults during the next year assuming that the CDS is priced in a way that makes the expected profit from selling the CDS as zero, and assuming that default probabilities do not vary during the 5 years.
q1. suppose that the government chooses conscription i.e. government services the representative consumer to supply
q1. throughout 2nd world war u.s. prisoners of war utilized cigarettes as a form of money. cigarettes were used to
Do you agree or disagree with the statement that " A mononpolist always charges the highest possible price"? Explain B.) why can’t an individual firm raise it price by reducing output or lower its price to increase sales volume in a purely competitiv..
Explain economic theory of cost including fixed cost, variable cost, marginal cost and total cost with an airline application?
To pay for college you took out 1000 gov loan that makes you pay $126 per year for 25 years. However, you don’t make payments till graduation which is two years from now. Why is the YTM necessarily less than 12% (this is the yield to maturity on a no..
explain how would this change affects the optimal investment rule for the firm.
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