+1-415-670-9189
info@expertsmind.com
Deviations from efficiency
Course:- Business Economics
Reference No.:- EM131379961




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Business Economics

DEVIATIONS FROM EFFICIENCY

1) Monopoly/Monopsony: Why is MR < pD for a monopolist, why is MC > pS for a monopsonist, and why does it matter?

2) Game Theory: What is the Nash equilibrium for some simple game?

3) Oligopoly: Why is does the duopoly produce more than the monopoly and less than the competitive market?

4) Externalities/Public Goods: When do social costs/benefits deviation from private costs/benefits and why does it matter?

5) Asymmetric Information: Why does it matter that I know how risky/good I am but you don’t?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Consider an economy is which taxes, planned investment, government spending on goods and services, and net exports are autonomous, but consumption and planned investment chang
Suppose that the following is true: When w=v=$10, the cost minimizing bundle for q=100 units of output is k=l=20. When w=$8 and v=$10, the cost minimizing bundle for q=110 uni
illustrate what can you say about the price elasticity of demand for DVD players. Will this price reduction necessarily lead to an increase in profits for DVD player manufac
A friend of yours just bought a new sports car. Her $35,000 car loan is financed at an interest rate of 0.75% per month for 48 months. How much is the monthly payment of her l
You run a correlation matrix between Y variables auto sales in units and two X variables auto prices (X1) and car buyer’s income (X2). As expected auto prices had a high negat
A free-market republican argues against the Pigouvian tax by pointing out that the conditions necessary for the Coase Theorem to produce an efficient equilibrium are present i
What global social interests or responsibilities, if any, do we have as consumers to the losers of globalization? Discuss and justify your postings and responses with other
Explain different conditions that can make aggregate supply curve shift to right. Explain how this shift on a graph. Illustrate what impact will shift have on equilibrium GD