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Iillustrate and discuss the implications of various market structures (competitive and non competitive) for price determination
suppose that you lend 1000 to a friend and your friend pay you back 1100 the nnext year.suppose the price that year
write a paper of 500-1000 words double-spaced briefly explain some of the issues that a company may face as it
Inflation is 20 percent. Debt is $2 trillion. The nominal deficit is $300 billion. If the expected inflation rate falls from 20 percent to 15 percent, by how much does the real deficit change?
Graph the supply and demand schedule for pizza using $5 through $15 as the value of p. In equilibrium, how many pizzas would be sold at what price?
If boyh bid the same amount, the $100 is split evenly between them. assume that eac of them has only two $1 bills on hand, leaving three possible bids: $0, $1,or$2 Write out the payoff matrix for this game and then find it's Nash equilibrum
A reduction in income will cause: a reduction in the supply of central bank money a reduction in the demand for currency and reserves an increase in the demand for reserves none of the above
Airway Express has an evening flight from Los Angeles to New York with an average of 80 passengers and a return flight the next afternoon with an average of 50 passengers.
Some economists argue that a monopoly’s high market power enhances research and development. However, a good argument against that could be:
During the past year, the average price of lots along Lake Michigan in Carol Beach rose from $2,500 to $3,000 per foot of lake front. At the same time, sales of new homes located off the Lake rose from 40 to 70 units. Calculate the cross elastici..
draw the cheese market for the united states showing the world price as the price for this market. how much cheese does
If you decide to use $34,000 as your working estimate of marginal costs, what increase in Custom's purchases would be necessary for the proposal not to reduce GM's profits on this account?
Suppose that the firm uses three inputs to produce its output: capital K, labor, L and materials, M. The firm’s production function is given by Q = K^ (1/3) * L ^ (1/3) * M ^ (1/3).
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