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According to your textbook, the United States has attempted to set policies and establish regulations that are fair and equitable to both users and providers in the transportation industry. Discuss some advantages and disadvantages of increasing regulations relating to transportation: What are the advantages and disadvantages of increased regulation for transportation USERS? What are the advantages and disadvantages of increased regulation for transportation PROVIDERS?
q.demonstrate the demand and supply program for calculators in norway and sweden. on graph paper sketch the demand and
Firms A and B make up a cartel that monopolizes the market for a scarce natural resource. The firms’ marginal costs are MCa = 6+2Qa and MCb = 18+Qb respectively. The firms seek to maximize the cartel’s total profit. The firms have decided to limit th..
Using an appropriate diagram, impact of the monopolist on the society's welfare
Identify some ways that nursing homes can signal high quality to consumers. Which of these signals are most apt to be reliable? What are some strategies for reducing adverse selection in insurance markets? What sorts of problems do these solutions ca..
What is anticipatory repudiation? Why is it important to be able to identify this type of a breach? How does it benefit the non-breaching party? What are the elements of negligence? What kind of damages is available under a negligence claim?
Suppose that the automobile industry in Japan can be characterized by the model of monopolistic competition. Assume the following values for the parameters of the demand and cost fuction: assuming that annual sales of automobiles are equal to 900,000..
The radio manufacturing industry has been in decline for quite some time. Suppose the government is called on to save this industry with infusions of cash, low interest loans, or other special breaks. This might be touted as helping firms remain open..
q. college enrolment increased at the same time that average tuition rose dramatically. does this contradict the law of
Discuss how economic, political, and social changes will impact growth in the region. Write a short paper summarizing your findings.
Suppose there are 100 identical firms in the perfectly competitive note-card industry. Each firm has a short-run total cost curve of the form: ST C = 0.2q^2 + 4q + 10 and MC = 0.4q + 4. Calculate the firm’s short-run supply curve with q (the number o..
Use a production possibilities frontier to illustrate the production options. Be sure to label your drawing. Identify a point that is efficient.
Why does the government grant patents to investors? Why does the government give monopoly power to utility companies?
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