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Assignment: Trade Simulation and Paper
https://www.imf.org/external/np/exr/center/students/trade/index.htm
Play this game to experience the challenges and excitement of international trade. See if you can get the best price for the goods you sell and the biggest bargains for the goods you buy. Watch how the global economy is doing: the prices you'll be able to get and the deals you can make depend on how healthy the global economy is. After you play the game write a response discussing what aspects of trade this game showed. Also discuss the kinds of restrictions on trade coutries use with each other and how they affect the market.
The boss tells you that he doesn't want more than 15 TV commer- cials because he gets sick of watching the same thing over and over again. The objective is to find the combination of TV (x) and radio (y) commercials that maxi- mize the sale of mil..
Search a credible source for a "case-control study" that investigates the topic of your choice , discuss what type of case-control study this is, what type of bias researchers controlled for, and what the major findings were
1. a monopolist is aa-price taker.b-price setter.c-cost maximizer.d-quantity taker.2. in perfectly competitive markets
An oligopoly contains N identical firms. The cost function is convex in output. Show that if the firms act as Cournot competitors then as N increases the market price will approach the competitive price.
question 1. nbspa newly-discovered oil-bearing geologic formation is estimated to contain 500000 barrels bbl of crude
If you had a business exporting goods to Britain, and U.S. inflation fell as discussed above in this example, would you plan to expand production or cut back? Why?
Prices of tickets for seats on commercial passenger planes are typically in the hundreds of dollars, whereas trips can be made by automobile at much lower cost. Accident rates per person per trip in the airline industry are considerably lower than au..
What concept do they need to apply to find out their expected revenue - When there is a change in the quantity demanded it means
What is the equation for the market demand curve in slope-intercept form? Show how you found your answer. Use Q as the market quantity and P as the price per unit
A 100 KM toll way costs $5M per km to build. The bonds are for 20 years and pay 10 percent per year [(A/P, 10%,20) = 0.1175]. If annual maintenance costs are $1000 per km, and 20000 vehicles use the toll way every day, what toll needs to be charged t..
Normal 0 false false false EN-US X-NONE X-NONE How does the introduction o..
Suppose a monopolist can purchase Labor at a price w = 36 and can purchase Capital at a price r = 25. The monopolist's production function is given by Q = L1/2K1/2. The demand facing the monopolist is given by P = 180 - 3Q. a) What is the Monopol..
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