Explain why issue of firm interdependence makes modelling

Assignment Help Business Economics
Reference no: EM13800457

1. Explain why total revenue doesn't always increase when price is raised.

2. Explain why the issue of firm interdependence makes modelling firm behavior under oligopoly so difficult.

3. Why is so important to seasonally adjust data?

 

4. Why are there four different components to a time series analysis and why are they important?

Reference no: EM13800457

Questions Cloud

Make the conclusion follow from both premises : Add the missing part (premise or conclusion) to make the following arguments valid. But don’t make them circular; make the conclusion follow from both premises but not just from one premise by itself. Use a Venn diagram. Every citizen with voting pri..
Different economies grow at different rates : Different economies grow at different rates. Three countries that have done very well over the last three decades are China, India, and Ireland. Both China and India are huge while Ireland is relatively small. What economic policies have had an effec..
Developing a professional connection with a mentor : For this assignment, you should first complete the following tasks: Build a 90% complete profile on LinkedIn. Make a list of people who could serve as a professional mentor or career coach for you. -Describe the role that networking can play in your ..
Determines economic output in the relative time periods : Identify four policies the government enacted following the financial crisis. Evaluate what effect these policies would have on the economy from both a short-run and a long-run perspective. Be sure to include: The distinction between the short-run an..
Explain why issue of firm interdependence makes modelling : Explain why total revenue doesn't always increase when price is raised. Explain why the issue of firm interdependence makes modelling firm behavior under oligopoly so difficult. Why is so important to seasonally adjust data?
Write a discussion of litigation strategy : Sterling, Inc. is a manufacturer of state-of-the-art computers. For the past ten years, Sterling has acquired all of its microchips from NoBugs Corporation, the only producer of chips meeting Sterling's high specifications. The relationship has been ..
The interest rate effect of the price level is reflected : The interest rate effect of the price level is reflected in: Changes in aggregate demand can be caused by changes in: The classical model of the price level is associated with: A decrease in the money supply is likely to cause:
What is the current unemployment rate : What is the current unemployment rate? What is the current unemployment rate for women? What is the current unemployment rate for men? What is the current unemployment rate for high school graduates with no college degree? What is the labor for parti..
Relationship between the intersection points of the graphs : A company manufactures microchips. use the revenue function R(x)=x(75-5x) and the cost function C(X)=125=12x to answer parts A-E, where x is in millions of Chips and R(x) and C(x) are in millions of dollars. Both functions have domain 1 is less than ..

Reviews

Write a Review

 

Business Economics Questions & Answers

  Q1 james marshallian demand function clarifies the utility

q1. james marshallian demand function clarifies the utility maximization problem that is max u x1 x2. as the cost of

  Find the effective annual interest rate

Find the effective annual interest rate (b) Use your result in (a) to find the value of the investment immediately after the 10th investment (use the algebraic form of any interest factors used).

  Higher average productive effort on part of the population

A fairer distribution of rewards may generate a higher average productive effort on the part of the population in that way enhancing efficiency.

  Concept of diminishing marginal utility

The opportunity cost of Juan's time is $8 per hour. If Juan receives $2 per pound for his fish, what is the optimal number of hours he should spend fishing.

  How much must be allocated now

A sum of sufficient magnitude is to be invested now so that starting in 10 years from now an amount of $2500 per year can be paid in each of 8 succeeding years. The unexpended money remains invested at 6% compounded annually. How much must be allo..

  Illustrate what is cost of each combination

illustrate what is cost of each combination. Illustrate what is minimum-cost combination. Plot iso-cost curves and isoquant, explain how cost-minimizing combination.

  Q1 suppose that you can schedule a worker up to four hours

q1. suppose that you can schedule a worker up to four hours per day. the benefit function is given by bh 500h - 22.5h2

  How much is their monthly loan payment

Amanda and Blake have found a house, which owing to a depressed real estate market costs only $201500. They will put $22000 down and finance the remainder with a 30-year mortgage loan from Bank of America at 4.65% (compounded monthly).

  Why perfectly competitive firm marginal revenue exceeds

Assume , at its present rate of output, a perfectly competitive firm's marginal revenue exceeds both its marginal cost and its average variable cost. To maximize profit, the firm should.

  Qassume you are a typical consumer and expect to work for

q.assume you are a typical consumer and expect to work for 40 years from this point onward and to live for 10 years

  Q1 were past societies in human history more ecological

q1. were past societies in human history more ecological than our society today? what is the most ecological society

  Illustrate what would production at a point outside

Illustrate what would production at a point outside the production possibilities curve indicate? What must occur before the economy can attain such a level of production.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd